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The elimination of Madagascar's Vanilla Marketing Board, ten years on (English)

This paper explores how the elimination of Madagascar's Marketing Board in 1995 affected prices paid to farmers, incentives, and regional indicators of poverty and inequality. After steadily losing market share, Madagascar has been able to regain some of the lost ground since the mid-1990s. Margins between freight on board (FOB) and farmgate prices have spectacularly narrowed down, but this effect is dwarfed by that of world-price volatility. A counterfactual...
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Citation

Cadot,Olivier; Dutoit,Laure; De Melo,Jaime A. P..

The elimination of Madagascar's Vanilla Marketing Board, ten years on (English). Policy, Research working paper ; no. WPS 3979 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/244911468271511638

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