|
|
| Assessment Grade |
| |||
| Component Indicators | Objectives of the Study | Substantial | Partial | Negligible | Remarks | |
| Aims of the CRP | 1) Increase Production and Exports
2) Increase Foreign Exchange Revenue
3) Poverty Alleviation/ Standard of Living Improvement. | GCP |
|
| + | Generally, domestic production did not have much significant impact on exports |
| GCEx |
|
| + | All exports from Ghana represented 16.17% of world total exports | ||
| WCP |
| + |
| Ghana’s total production represented 14.99% of world total production | ||
| WCPx | -- |
|
| Unsteady cocoa prices considerably affected foreign exchange revenue from exports | ||
| GDPgr |
|
| + | Overall, the sector contributed about 8.7% to total GDP and 25% of total export revenue | ||
| RER |
| -- |
| The performance of the Ghanaian Cedi against the US Dollar had a negative effect on exports | ||
| COCOBOD Performance |
| + |
| COCOBOD has intensified both internal and external marketing | ||
| Economic Growth |
|
| + | Cocoa sector contribution to Economic growth of Ghana was insignificant | ||
| Overall Assessment Grade | Conclusion |
| + |
| Cocoa exports made a partial contribution to the growth of the cocoa sector of Ghana | |