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profitability of firms remains unclear. We reconstruct the annual financial records of Sena Sugar Estates in Portuguese East Africa … to the performance of the firm. We show that Sena Sugar Estates achieved stable and solid returns to capital, comparable …
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From 2002 to today, world sugar production has steadily increased due to higher food consumption and biofuel production …. Furthermore, in the European Union, the CAP 2014-2020 new reform abolished the system of production and sugar exportation quotas … by 1 October 2017. Therefore, since that date, the international sugar exchange has significantly increased in light of …
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