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- W2491236115 abstract "Abstract Rice is a key agricultural commodity in Vietnam, and the agriculture, forestry, and fisheries sector remains a major source of employment. This chapter uses episodes of rice price volatility to understand how the interplay of market forces and political economy factors caused domestic and world prices to diverge, depriving producers of windfall profits, and preventing markets from clearing. The welfare consequences of mutually-inconsistent agricultural policies suggest that Vietnam and other transition economies must emphasize policy coherence by developing institutions capable of balancing the needs of distinct constituencies, such as net rice producers and consumers. Policies that influence rice production and prices provide a lens through which to understand broader agricultural policies both in Vietnam and economies where agriculture remains one of the major components of national income." @default.
- W2491236115 created "2016-08-23" @default.
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- W2491236115 date "2014-11-27" @default.
- W2491236115 modified "2023-10-18" @default.
- W2491236115 title "The Political Economy of Food Price Policy in Vietnam" @default.
- W2491236115 doi "https://doi.org/10.1093/acprof:oso/9780198718574.003.0015" @default.
- W2491236115 hasPublicationYear "2014" @default.
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