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Challenge and Opportunities in the Global Biofuel Market for Developing Countries

The paper premises the comparative advantage of developing countries in producing biofuels from plant sources due to their geographic location and their cheap labour supply, however it also indicates the pitfalls for a global market oriented biofuel policy and recommends the adoption of a biofuel policy based on environmental sustainability and grounded on international recognized labor and human rights standards to ensure the long term sustainablity of a biofuel industry and to avoid a resource curse trap.