REGULATION WITH GROWTH - THE POLITICAL-ECONOMY OF PALM OIL IN MALAYSIA

The study of the palm oil industry in Malaysia demonstrates that with a proper mix of public regulation and investment a state may achieve national control over an industry and promote the interests of poorer citizens while promoting overall growth and international competitiveness of the industry. The introduction summarizes the literature on public interventions in agricultural markets. Section 2 describes the palm oil industry and its growth in Malaysia. Sections 3 and 4 discuss policies in investment and in regulation and marketing respectively. The conclusion further articulates the thesis. © 1991.