This report is partly based on the authors’ visits to and discussions with key coffee sector participants in Brazil, Cameroon, Colombia, Costa Rica, Côte d’Ivoire, Guatemala, India, Indonesia, Kenya, Tanzania and Uganda. Statistical data come from various publications of the International Coffee Organization. While a large body of literature on commodity risk management has informed the discussion in this report, the following publications have been of particular relevance:
Nicomed Bohay, Lessons Learned from Introducing Commodity Hedging through a Local Bank, CRDB Bank Ltd. Tanzania, presentation at the Annual Meeting of the International Task Force on Commodity Risk Management, Pretoria, May 2006.
Stijn Claessens and Ronald C. Duncan (eds.), Managing Commodity Price Risk in Developing Countries, The World Bank, 1993.
Dan Day-Robinson and Lamon Rutten, Emerging market commodity risk management, Day Robinson International Consulting Ltd, 2001.
Christopher Gilbert, The long run impact of the ending of coffee control, Second World Coffee Conference, Bahia (Brazil), September 2005.
Peter Hazell, Could futures markets help growers better manage coffee price risks in Costa Rica?, International Food Policy Research Institute, 2000.
Ulrich Hess, Erin Bryla and John Nash, Rural Finance Innovations: Topics and Case Studies, The World Bank, April 2005.
International Coffee Organization (ICO), Impact of the coffee crisis on poverty in producing countries, September 2003.
ICO, Lessons from the world coffee crisis: a serious problem for sustainable development, June 2004.
International Task Force on Commodity Risk Management in Developing Countries (ITF), Dealing with Commodity Price Volatility in Developing Countries: A Proposal for a Market-Based Approach, The World Bank, 1999.
ITF, Delivering commodity price insurance: lessons learned from four case studies, The World Bank, 2001.
ITF, Dominican Republic: Price Risk Management for Coffee and Cocoa, The World Bank, 2002.
ITF, Nicaragua: Coffee Price Risk Management – Phase II Report, The World Bank, February 2002.
Bryan Lewin, Daniele Giovannucci and Panos Varangis, Coffee Markets - New Paradigms in Global Supply and Demand, The World Bank, March 2004.
OXFAM, Bitter coffee: how the poor are paying for the slump in coffee prices, May 2001.
OXFAM, Mugged: poverty in your coffee cup, November 2003.
Nigel Scott (ed.), Agribusiness and Commodity Risk: Strategies and Management, Risk Books, 2003.