Lao People's Democratic Republic Responding to Rice Price Inflation
The objective of this policy note is to identify likely factors driving rice prices and suggest options to manage rice price volatility in the future. It also provides a snapshot of recent developments in the rice sector, and describes rice and foo...
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| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/483951468046179643/Lao-Peoples-Democratic-Republic-responding-to-rice-price-inflation http://hdl.handle.net/10986/26720 |
| Summary: | The objective of this policy note is to
identify likely factors driving rice prices and suggest
options to manage rice price volatility in the future. It
also provides a snapshot of recent developments in the rice
sector, and describes rice and food price trends and their
implications. Based on these findings, the note discusses
policy options. The policy brief has six chapters, including
this introduction. Chapter two provides a brief outline of
the rice sector. Chapter three describes recent trends in
world and Lao food prices. It also provides insights into
likely macroeconomic and household welfare impacts of rice
price inflation. Chapter four discusses the potential causes
of rice price inflation, as suggested by other reports and
people interviewed. Chapter five analyzes the role of the
regional rice market in determining prices, which this
policy brief identifies as the primary cause of the
glutinous rice price hike. Chapter six concludes by
presenting recommendations. |
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