Abstract

Until the present century the Americas grew most of the world's cocoa. From the first two decades of this century, this leading role was wrested from the Latin American economies by West African cocoa producers. Over the last two decades there has been an eastward movement of the cocoa frontier towards the Indian Ocean region. Before 1970 the region was a minor producer of cocoa. Since then, there has been a boom in cocoa production in East Asia and exports from two of the High Performing Asian Economies (HPAEs), Malaysia and Indonesia.

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