Financial and economic feasibility of sugar cane production in northern La Paz
Date
2009
Journal Title
Journal ISSN
Volume Title
Publisher
Latin American and Caribbean Environmental Economics Program (LACEEP), Turrialba, CR
Abstract
This sugar cane investment could yield a positive net present value of US$ 12.1 million. However, the sum is a valid projection only if the following conditions are met: i) the agricultural production system is community based; ii) substitution of traditional crops occurs; iii) no additional sugar mills are installed after the first one; iv) land tenure rights are respected; v) the project does not attract new settlers to the region; and vi) the Bolivian government maintains its position against bio-fuels. If the conditions do not hold, the sugar cane project will increase deforestation and generate losses of at least $U.S. 13.6 million to the Bolivian economy
Description
item.page.type
Policy Brief
item.page.format
Text
Keywords
SUGAR INDUSTRY, ETHANOL, ENVIRONMENTAL EFFECTS, DEFORESTATION, COST BENEFIT ANALYSIS, BOLIVIA, ENVIRONMENTAL ECONOMICS, EVIDENCE-BASED PLANNING, ENVIRONMENTAL ASSESSMENT, SUGAR CANE, SOUTH AMERICA, PLANTATIONS