Culture,Markets, and Agricultural Production: A Comparative Study of the Investment Patterns of Migrant and Citizen Cocoa Farmers in the Western Region of Ghana

Current agrarian reforms in Ghana, sponsored by the World Bank and the International Monetary Fund, are based on the notion that pricing incentives from markets are the key to agricultural investments. The turnaround in the production of the principal agricultural export, cocoa, seems to vindicate this view. However, this perspective is silent on the question of why many farmers continued to produce cocoa in the period preceding the reforms when prices were at their lowest in the country's history. Based on research on the comparative investment patterns of migrant and citizen cocoa farmers in two districts in the Western region of Ghana, this article suggests a holistic approach to comprehending investments. It indicates that the economic behaviour of cocoa farmers is complexly linked to the politics of land tenure, and cultural expectations and obligations.