Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite
The rapid expansion of the Pulp & Paper industry in Indonesia has generated large overcapacities because fiber supplies were based mainly on the conversion of tropical forests. Using financial theory about financial expropriation and debt entrenchment in East Asia, it shows that the ultimate owners...
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| Format: | Libro |
| Language: | Francés |
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Ecole des Hautes Etudes en Sciences Sociales
2006
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| Online Access: | https://hdl.handle.net/10568/19494 |
| _version_ | 1855538446110556160 |
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| author | Pirard, R. |
| author_browse | Pirard, R. |
| author_facet | Pirard, R. |
| author_sort | Pirard, R. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The rapid expansion of the Pulp & Paper industry in Indonesia has generated large overcapacities because fiber supplies were based mainly on the conversion of tropical forests. Using financial theory about financial expropriation and debt entrenchment in East Asia, it shows that the ultimate owners of the groups have been able to capture most of the rents owing to a divergence between their control rights and their ownership rights. Their profits were done in the short term, but their costs were postponed owing to a capital structure based on debts. Politics and public governance have also played an important role in favor of the interests of the ultimate owners, and all the apperances seem to suggest that the expansion followed a model of political economy. Recent efforts to develop large-scale fast-growing plantations have poor impacts on the sustainable developement of the rural areas, because of environmental irreversibilities and a loss of flexibility for the rural poor. However, economic irreversibilities lower the probability that the current trend be voluntarily modified. |
| format | Libro |
| id | CGSpace19494 |
| institution | CGIAR Consortium |
| language | Francés |
| publishDate | 2006 |
| publishDateRange | 2006 |
| publishDateSort | 2006 |
| publisher | Ecole des Hautes Etudes en Sciences Sociales |
| publisherStr | Ecole des Hautes Etudes en Sciences Sociales |
| record_format | dspace |
| spelling | CGSpace194942025-06-12T09:17:49Z Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite Pirard, R. theses pulp and paper industry forest plantations forestry timber supply sustainability development finance rent debt economics governance The rapid expansion of the Pulp & Paper industry in Indonesia has generated large overcapacities because fiber supplies were based mainly on the conversion of tropical forests. Using financial theory about financial expropriation and debt entrenchment in East Asia, it shows that the ultimate owners of the groups have been able to capture most of the rents owing to a divergence between their control rights and their ownership rights. Their profits were done in the short term, but their costs were postponed owing to a capital structure based on debts. Politics and public governance have also played an important role in favor of the interests of the ultimate owners, and all the apperances seem to suggest that the expansion followed a model of political economy. Recent efforts to develop large-scale fast-growing plantations have poor impacts on the sustainable developement of the rural areas, because of environmental irreversibilities and a loss of flexibility for the rural poor. However, economic irreversibilities lower the probability that the current trend be voluntarily modified. 2006 2012-06-04T09:09:31Z 2012-06-04T09:09:31Z Book https://hdl.handle.net/10568/19494 fr Ecole des Hautes Etudes en Sciences Sociales Pirard, R. 2006. Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite . Paris, France, Ecole des Hautes Etudes en Sciences Sociales. 474p. |
| spellingShingle | theses pulp and paper industry forest plantations forestry timber supply sustainability development finance rent debt economics governance Pirard, R. Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title | Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title_full | Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title_fullStr | Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title_full_unstemmed | Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title_short | Les paradoxes apparents de l'expansion papetiere en Indonesie: ne exploration des liens finance-gouvernance-environnement pour l'analyse d'un secteur en termes de durabilite |
| title_sort | les paradoxes apparents de l expansion papetiere en indonesie ne exploration des liens finance gouvernance environnement pour l analyse d un secteur en termes de durabilite |
| topic | theses pulp and paper industry forest plantations forestry timber supply sustainability development finance rent debt economics governance |
| url | https://hdl.handle.net/10568/19494 |
| work_keys_str_mv | AT pirardr lesparadoxesapparentsdelexpansionpapetiereenindonesieneexplorationdesliensfinancegouvernanceenvironnementpourlanalysedunsecteurentermesdedurabilite |