There is a tendency to assume that stimulating growth and the strengthening of specific economic pillars is the sole responsibility of the government. However, as we have been recently experiencing in Curaçao, initiatives jointly undertaken by all key stakeholders are crucial to achieve the desired development and growth of an industry and/or an economic sector.
As mentioned earlier, farmers have recently been exposed to a whole host of increases in the prices of productive inputs, particularly oil, which also increase the cost of agricultural production. Linked to the level of oil prices has been the increased demand for corn as an input into the biofuels industry.