The recent global commodity boom created new opportunities and challenges for countries that are net agricultural producers. Natural resources literature has explored how the sudden appearance of extraordinary revenues in resource rich countries impacts upon growth, political institutions, and conflicts. However, there has been less attention paid to how already existing arrangements can shape distributional conflicts that emerge as a response. This article analyses the design and implementation of fiscal policy during the soy boom in Argentina and Brazil. It is argued that domestic institutions play a key role in mediating the capacity of the state regarding the design and implementation of tax structures related to natural resources.
Giraudo, M. E. (2021). Taxing the ‘crop of the century’: the role of institutions in governing the soy boom in South America. Globalizations, 18(4), 516-532. https://doi.org/10.1080/14747731.2020.1795426