ABSTRACT
Ghana is highly dependent on the export of primary products, particularly cocoa, timber, gold and diamonds. Despite the resources pumped into the cocoa sector, Ghana's cocoa output did not reach the projected 300,000 tons until the 1994/95-crop season. The evidence gathered from the survey indicates that many of the economic opportunities faced by the various agents in the cocoa sector have changed under the adjustment program. The rapidly growing numbers of unhealthy and uneducated rural people are less likely to be agricultural innovators that the Economic Recovery Program anticipated. One finds that controlled prices, restrictive marketing, disorganized research and weak extension services, poor rural infrastructure and non-effective farmers' associations are still the rule rather than the exception. Increases in cocoa prices will not only improve the financial wellbeing of the farmers but will also enable them to hire labor and purchase inputs to raise output.
