02149cas a2200241 a 4500 AALejournalIMF018136 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484333198 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Guinea- Bissau : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (57 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explains the cashew economy and the unfolding of the 2017 campaign. At least half of all households are thought to be engaged in production, commercialization, or exportation of cashew nuts. The activity has at least four macroeconomic impacts: one, it injects liquidity to producers; two, owing to producers' high propensity to consume, it impacts the price level; third, it is the main provider of foreign exchange via exports; and fourth, it is an important source of fiscal revenues. Despite streamlining of marketing arrangements over the years, cashew production is still subject to significant government intervention. Vested interests have traditionally permeated public policies, with nontransparent issuance of licenses and permits used in some instances to block competition. Cashew production started to expand during the 1980s and yearly output has over the years increased to currently about 200,000 tons. Native of north Brazil, cashew trees were introduced by the Portuguese during the colonial period but output remained negligible through to the country's independence in 1973. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/381 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/381/002.2017.issue-381-en.xml IMF e-Library