The instability of the Kenyan coffee economy with special reference to the 1962 International Coffee Agreement : a thesis submitted in partial fulfilment of the requirements for the degree of Master of Agricultural Science at Massey University
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Date
1967
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Massey University
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Abstract
The instability of coffee prices and the disequilibrium between supply and demand for coffee during the post war period led to the formulation of the 1962 International Coffee Agreement. The Agreement seeks the collaboration of the principal coffee producing and consuming countries in its efforts to reduce price fluctuations and to bring production and consumption into long-term equilibrium. The participating producing countries are required by the Agreement to limit their exports to the traditional coffee market to specified annual quotas and to restrict planting of new coffee trees. The degree to which a country may be able to adopt these recommendations is largely dependent on the structure of production and marketing of coffee in that country.
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Keywords
Coffee industry, Coffee -- Kenya, Economic aspects, International Coffee Agreement (1962)