83e1ed79_Reform_in_Latin_America___HTML_cts_of_common_forest_policies__Policy
[Economic Impact] Cost to the national treasury. Opportunities for corruption and misallocation of economic resources increase due to price distortions. Economic natural forest values may be lost particularly if plantations replace natural forests. [Equity Impact] Large plantations may lead to displacement of local people. Traditional agrosilvicultural methods of forest resource management may be at a disadvantage and displaced by monocultures. Subsidies may inflate land prices and thus redistribute wealth to existing landowners. Small, undercapitalized landowners may not be able to access subsidies. Subsidies tend to disproportionately favor large corporations. [Environmental Impact] Deforestation of natural forest may occur to clear land to establish plantations. Monocultures may expand at the expense of mixed natural forests. Subsidies often lead to extremely poor quality of plantations. [Policy] 
Plantation subsidies
Forests | Free Full-Text | People, Governance and Forests—The Stumbling Blocks in Forest Governance Reform in Latin America | HTML