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The Soybean boom: Doom for Brazil’s forests and savannahs

Characterized by a large and well-developed agricultural, mining, manufacturing and
service sector, Brazil’s economy outweighs that of all other South American countries and
is expanding its presence in world markets. Productivity gains – particularly in agriculture – contributed to the surge in exports, and Brazil in 2005 surpassed the previous year’s record export level. Within the agricultural sector it is especially the soybean industry being the driving force for high export earnings. Except for the already mentioned positive effect of the soybean industry concerning the economic growth of Brazil, this publication tries to have a more critical look on the soybean industry containing environmental and social impacts. A web of actors and policies, outlined in this paper as well, can always be identified as responsible for initiating processes leading to natural degradation and social disorientation. Finally the short report mentions recent achievements in the battle of preserving the Amazon followed by a short conclusion of the soybean industry.

Publication: Covalence Analyst Paper | Country: Global | Company: Archer Daniel Midlands, Bunge, Cargill, Dreyfuss, Maggi Group, Kentucky Fried Chicken, McDonald’s | Source: Covalence

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