the economics of then palm oil industry and its

The Asia LiveEconomic Impact of Palm Oil: Advantages,

the economics of then palm oil industry and its
                                               
                                               
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technoilogy.itPalm Oil Industry: Sustainability, and Economic

the economics of then palm oil industry and its
                                               
                                               
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EpthinktankPalm oil: economic and environmental impacts Epthinktank

the economics of then palm oil industry and its
                                               
                                               
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The Economics of the Malaysian Palm Oil Industry and Its

the economics of then palm oil industry and its
                                               
                                               
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Harris School of Public PolicyShort-Term Profits Versus Long-Term

the economics of then palm oil industry and its
                                               
                                               
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A Crude Palm Oil Industry Concentration

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whatispalmoilEnvironmental and Economic Advantages

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Taylor & Francis OnlineThe determinant, efficiency, and potential of Indonesian

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Harris School of Public PolicyShort-Term Profits Versus Long-Term

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PALMOILISPalm Oil: The Driving Force of World Oils and Fats

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  • How does palm oil trade affect society?
  • A few studies have reported positive impacts of palm oil trade such as improvement in farmer income, economic benefit for smallholders, opportunities for employment in rural areas (McCarthy, 2010), improved livelihoods, and improvement in economic growth and GDP (Li, 2015). However, palm oil production also has direct negative social impacts.
  • How does Malaysia develop the palm oil industry?
  • Due to the economic potential of palm oil, the Malaysian government has implemented various policies to develop the palm oil industry through promoting the palm oil upstream and downstream activities in order to increase the national income.
  • Does palm oil trade affect ecosystem services?
  • The direct (socio-economic) and indirect (through ecosystem services) impacts of palm oil trade were reviewed using peer-reviewed literature and the Environmental Justice Atlas (EJA). Our results show that most of the 57 case studies were conducted in Indonesia and Malaysia where 85% of global production of palm oil occurs.
  • How does palm oil affect economic growth?
  • Despite the negative impacts, palm oil trade contributes to economic growth in many countries where it is grown but particularly in Southeast Asia (Aubert et al., 2017). Where large plantations are established by agro-industrial companies, they can provide jobs through employment of local communities and improve income.
  • Is oil palm production sustainable?
  • Oil palm is an important commodity contributing to livelihoods of many communities and governments around the world. However, its cultivation and continuous expansion due to high and increasing demand has led to many negative effects leading to a call to make production sustainable.
  • How did the government support the production of palm oil?
  • The government also supported the production of palm oil by allowing the use of rubber replanting grants for planting oil palm. The grants amounted to RM 4,447 per hectare for holdings less than 4.05 hectares. For holdings larger than 4.05 hectares, the grant is RM 3,459.47 per hectare.