Risk Management of Cocoa Producers in Ghana

Bc. Adéla Svobodová

Master's thesis

Farming systems analysis in mountainous areas

Anotácia:

The diploma thesis is about risks that can be find in cocoa production in Ghana and the protection that the farmers, extension organization or government used. The theoretical background describes the term "risk" and its classification and how is risk management connected to agriculture. The risk management mentions the main decision and steps that should be involved in cocoa production. The risk management techniques are divided into main group as on-farm strategies in that the farmers face to risk on their own and face risk-sharing strategies that involves for example insurance. Theory also defined the organizational structure of cocoa supply chain in Ghana and characterized cocoa by species, production, processes, quality, government support and finally cocoa sustainability. The research took place in the Western region of Ghana where is the highest concentration of cocoa production in comparison to others region. The main objective of the research was to gain information about risks that the farmers face and also how they are protected from these risks. The results describe the primary data gained from the research and for evaluation the partial hypothesis are used contingency table and chí2 test. In conclusion there is described all gained results compared with other sources and defined some recommendations to improve the system.

Abstract:

The diploma thesis is about risks that can be find in cocoa production in Ghana and the protection that the farmers, extension organization or government used. The theoretical background describes the term "risk" and its classification and how is risk management connected to agriculture. The risk management mentions the main decision and steps that should be involved in cocoa production. The risk management techniques are divided into main group as on-farm strategies in that the farmers face to risk on their own and face risk-sharing strategies that involves for example insurance. Theory also defined the organizational structure of cocoa supply chain in Ghana and characterized cocoa by species, production, processes, quality, government support and finally cocoa sustainability. The research took place in the Western region of Ghana where is the highest concentration of cocoa production in comparison to others region. The main objective of the research was to gain information about risks that the farmers face and also how they are protected from these risks. The results describe the primary data gained from the research and for evaluation the partial hypothesis are used contingency table and chí2 test. In conclusion there is described all gained results compared with other sources and defined some recommendations to improve the system.

Kľúčové slová

cocoa production, cocoa diseases, price risk, risk management

Keywords

cocoa production, cocoa diseases, price risk, risk management

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 24. 4. 2015

Obhajoba závěrečné práce

• Vedúci: Dr. RNDr. Tomáš Ratinger, Ph.D.

Czech University of Life Sciences Prague

Faculty of Tropical AgriSciences

Master programme / odbor:
Tropical Agriculture / International Development and Agricultural Economics