| Like many other African countries in the 1980s, Burkina Faso was urged to engage in a far-reaching liberalization of its state-led cotton sector. Yet unlike most of its neighbors, the Burkinabè government rejected both the status quo and wholesale liberalization, and instead embarked on a more gradual and sequenced reform path characterized by institutional innovations and partial privatization. Whether the reforms contained genuinely successful elements is therefore an important question, but also a difficult one given the absence of a counterfactual, the confounding influence of exogenous shocks and the recent financial troubles of the sector. To unravel this puzzle, this paper reviews existing evidence linking the reforms to various outcomes, but also... |
