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Ghana will no longer sell cocoa to Switzerland

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61–70 of 437 posts

Re: Ghana will no longer sell cocoa to Switzerland

#61
post #48

Wait... Swiss diplomats still wear jack sparrow hats?!

No. The people you can see in the first picture aren't the diplomats themselves, it's just part of the tradition when welcoming country leaders. Watch the video, you will see that our current president has completely normal clothes.

They are called Bundesweibel, took me a while to find them:

https://en.wikipedia.org/wiki/Huissier https://de.wikipedia.org/wiki/Weibel_(Amtsdiener)

Re: Ghana will no longer sell cocoa to Switzerland

#62
post #3

How will Switzerland counter this change of events

The first response will probably be for the chocolate producers to try to source the raw materials from other sources. This may or may not result in production ramping up elsewhere, or even new producers appearing as increased prices could make production financially viable in places it previously wasn't.

Depending on how the markets react, prices may go up, and many of the really cheap brands could disappear from the shelves, or just have their fat/sugar contents increased. There's also a non-zero chance that new African brands will grab a part of the low-end of the market, with protectionist measures implemented to respond to them.

Re: Ghana will no longer sell cocoa to Switzerland

#64

Earlier quoted context omitted.

>"we should allow developing countries" Not to pick on you, but I often hear this frasing in the 'first world' and surely you dont 'allow' or 'disallow' internal policies to an sovereign nation? It sounds like a Freudianslip or something, the reality is that its easy to bully or bribe officials in developing nations.

"I often hear this [phrasing] in the 'first world' and surely you don't 'allow' or 'disallow' internal policies to an sovereign nation?" Forget about the third-world, right now the USA is not-allowing Germany the right to build a pipeline with Russia! First-world - check, sovereign - check, allies - check.

The USA is not allowing the USA to build a pipeline.

Re: Ghana will no longer sell cocoa to Switzerland

#66
post #8

Explain LID [0] which is effectively a tax applied to every ton of cocoa sold of which most is paid to the farmers. However I think Ghana is in the wrong here because extorting other nations to give them anything free of charge by withholding trade goods will simply means that the trade goods will eventually be sourced elsewhere. Regardless what you think about rich vs poor, medicine vs goods, and such, IP is propert…

> to deprive another of their rights is never a good idea. (no whataboutism please).

What about access to cocoa not being a right?

Re: Ghana will no longer sell cocoa to Switzerland

#67
post #15

I'm reading the book The Divide at the moment. It makes the argument that it takes time and the right conditions to build up an industry - infrastructure needs to be built, education and a skilled labor pool with the necessary know-how as well. To begin with, a fledgling industry in a developing country cannot compete with those of already industrialized countries - these are already so effective that they can underc…

Okay, but if local goods can't be produced at a price that is commensurately low, then the fledgingly country's wage earners have their purchasing power reduced, with less discretionary income to further their own educational and business pursuits. I think this thesis you are referring to takes for granted that the tariffs are going to be responsibly used by the governing class setting them to invest in the long term…

>if local goods can't be produced at a price that is commensurately low, then the fledgingly country's wage earners have their purchasing power reduced

If the industry they work in can't compete their entire income is reduced to zero.

That can knock out related industries as well and ultimately leave the country exposed to currency collapse and hyperinflation as the exporting countries decide that this country has nothing it really wants any more while they still desperately need imports.

This happened to Venezuela (after local industrialists declared war on Chavez in 2002 he effectively set out to destroy them) and Zimbabwe (when Muagabe dispossessed farmers from their land, rendering it unproductive).

The US is also exposed to this risk. It's steadily but very slowly losing hi tech manufacturing capabilities - something that takes decades to get back once lost (due to the network effect and loss of skills).

Re: Ghana will no longer sell cocoa to Switzerland

#68
post #15

I'm reading the book The Divide at the moment. It makes the argument that it takes time and the right conditions to build up an industry - infrastructure needs to be built, education and a skilled labor pool with the necessary know-how as well. To begin with, a fledgling industry in a developing country cannot compete with those of already industrialized countries - these are already so effective that they can underc…

>"we should allow developing countries" Not to pick on you, but I often hear this frasing in the 'first world' and surely you dont 'allow' or 'disallow' internal policies to an sovereign nation? It sounds like a Freudianslip or something, the reality is that its easy to bully or bribe officials in developing nations.

The point is that yes, economically strong countries can and do dictate internal policies of a sovereign nation.

Re: Ghana will no longer sell cocoa to Switzerland

#69
post #61
post #48

Earlier quoted context omitted.

No. The people you can see in the first picture aren't the diplomats themselves, it's just part of the tradition when welcoming country leaders. Watch the video, you will see that our current president has completely normal clothes.

They are called Bundesweibel, took me a while to find them: https://en.wikipedia.org/wiki/Huissier https://de.wikipedia.org/wiki/Weibel_(Amtsdiener)

Et pour les romands: https://fr.wikipedia.org/wiki/Huissier_(Suisse)

:)

Re: Ghana will no longer sell cocoa to Switzerland

#70
post #58
post #29

Earlier quoted context omitted.

By itself, it's probably not a good idea. If the government supports the development of a chocolate production industry, including support for cocoa exporters, then it has every chance of success.

It might, and it might not. Even though Japan also makes some fine watch movements, Swiss ones command a premium over the Japanese ones. I'd assume that this would be similar for chocolate.

If Ghana were to position itself as the 'Casio' or 'Seiko' of chocolate, I expect they'd tolerate the fact that there was a still an Omega out there.

And with the Casio profits, they could make a reasonable run at unseating Swiss chocolate in another century or so.

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