CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

The biodiesel market and public policy: A comparative analysis of Argentina and Brazil

This article presents a comparative case study of the institutional aspects of policymaking and the impacts that this has had on the development of the biodiesel market in Argentina and Brazil. The study draws upon an analysis of the policymaking process and, based on the available statistical evidence, discusses how this has influenced the market’s development. Its findings underscore the differences between the two countries’ policy objectives. In Argentina, issues relating to the supply of petrodiesel have been a crucial factor, whereas, in Brazil, the promotion of family farming has been a major objective. In Brazil, Petrobras has played a significant role, but some of the country’s policy objectives in this area have not been fully met. In Argentina, the external market continues to be the driving force behind this industry.

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