International Journal of Social Science & Economic Research
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Title:
The Importance of The Natural Resource ‘Palm Oil’ for The Malaysian Economy and Its Role in Sustainable Development

Authors:
Ira Singh

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Ira Singh
The International School of Kuala Lumpur, Malaysia

MLA 8
Singh, Ira. "The Importance of The Natural Resource ‘Palm Oil’ for The Malaysian Economy and Its Role in Sustainable Development." Int. j. of Social Science and Economic Research, vol. 9, no. 7, July 2024, pp. 2491-2502, doi.org/10.46609/IJSSER.2024.v09i07.026. Accessed July 2024.
APA 6
Singh, I. (2024, July). The Importance of The Natural Resource ‘Palm Oil’ for The Malaysian Economy and Its Role in Sustainable Development. Int. j. of Social Science and Economic Research, 9(7), 2491-2502. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i07.026
Chicago
Singh, Ira. "The Importance of The Natural Resource ‘Palm Oil’ for The Malaysian Economy and Its Role in Sustainable Development." Int. j. of Social Science and Economic Research 9, no. 7 (July 2024), 2491-2502. Accessed July, 2024. https://doi.org/10.46609/IJSSER.2024.v09i07.026.

References

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[3]. Begum, H., Alam, A. S. a. F., & Awang, A. H. (2019). Sustainability of Malaysian oil palm: a critical review. International Journal of Environment and Sustainable Development, 18(4), 409. https://doi.org/10.1504/ijesd.2019.103467
[4]. Dennis, J. BI. (2021). Oil palm in the 2020s and beyond: challenges and solutions. CABI Agriculture and Bioscience.
[5]. Kadir, A. P. G. (2022). OIL PALM ECONOMIC PERFORMANCE IN MALAYSIA AND R&D PROGRESS IN 2021. Journal of Oil Palm Research. https://doi.org/10.21894/jopr.2022.0036
[6]. Kamarulzaman, N. H., Mukherjee, A., Shamsudin, M. N., & Latif, I. A. (2015). Agility Barriers analysis in the Malaysian palm oil industry. International Journal of Supply Chain Management, 4(1). https://ojs.excelingtech.co.uk/index.php/IJSCM/article/viewFile/1049/pdf
[7]. Mukherjee, I., & Sovacool, B. K. (2014). Palm oil-based biofuels and sustainability in southeast Asia: A review of Indonesia, Malaysia, and Thailand. Renewable & Sustainable Energy Reviews, 37, 1–12. https://doi.org/10.1016/j.rser.2014.05.001

ABSTRACT:
The research has indicated the manner in which the Malaysian economy moved from a purely exporter of primary goods to one which has become a major world exporter of processed palm oil. The emphasis on this product helped the economy in achieving success in major economic goals like reduction in poverty, inequality and enhancement of income of the marginalized. The impact on the environment is being successfully addressed by following certain steps.

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