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The Rice Crisis
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The Rice Crisis

Markets, Policies and Food Security

The Rice Crisis

Markets, Policies and Food Security

Edited ByDavid Dawe
Edition 1st Edition
First Published 2010
eBook Published 26 July 2012
Pub. location London
Imprint Routledge
DOIhttps://doi.org/10.4324/9781849776684
Pages 364 pages
eBook ISBN 9781136530401
SubjectsDevelopment Studies, Economics, Finance, Business & Industry, Environment and Sustainability
Get Citation

Get Citation

Dawe, D. (Ed.). (2010). The Rice Crisis. London: Routledge, https://doi.org/10.4324/9781849776684
ABOUT THIS BOOK

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract
CONTENTS
ABOUT THIS BOOK

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract
ABOUT THIS BOOK
ABOUT THIS BOOK

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract

The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods.

This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

TABLE OF CONTENTS
part |2 pages
PART I – Introduction
chapter 1|10 pages
Food Crises Past, Present (and Future?): Will We Ever Learn?
ByC. Peter Timmer, David Dawe
View abstract
part |2 pages
Part II – Overview: The World Rice Market And Trade Policies
chapter 2|14 pages
The World Rice Market Crisis of 2007–2008
ByDavid Dawe, Tom Slayton
View abstract
chapter 3|32 pages
Did Speculation Affect World Rice Prices?
ByC. Peter Timmer
View abstract
chapter 4|28 pages
Trade-Related Policies to Ensure Food (Rice) Security in Asia
ByAlexander Sarris
View abstract
part |2 pages
Part III – Policy Responses In Traditional Importing Countries
chapter 5|18 pages
Volatility in Rice Prices and Policy Responses in Bangladesh
ByMahabub Hossain, Uttam Deb
View abstract
chapter 6|14 pages
Indonesia’s Rice Policy and Price Stabilization Programme: Managing Domestic Prices during the 2008 Crisis
ByAgus Saifullah
View abstract
chapter 7|20 pages
Rice Crisis in the Philippines: Why Did it Occur and What Are its Policy Implications?
ByArsenio M. Balisacan, Mercedita A. Sombilla, Rowell C. Dikitanan
View abstract
chapter 8|20 pages
West African Experience with the World Rice Crisis, 2007–2008
ByJenny C. Aker, Steven Block, Vijaya Ramachandran, C. Peter Timmer
View abstract
chapter 9|26 pages
Rice in Africa: Will Imports Continue to Grow?
ByOusman Gajigo, Glenn Denning
View abstract
part |2 pages
Part IV – Policy Responses In Traditional Exporting Countries
chapter 10|28 pages
The Political Economy of Thailand’s Rice Price and Export Policies in 2007–2008
ByNipon Poapongsakorn
View abstract
chapter 11|14 pages
The Vietnamese Rice Industry during the Global Food Crisis
ByPham Hoang Ngan
View abstract
chapter 12|20 pages
Rice Production in Cambodia: Will Exports Continue to Grow?
BySushil Pandey, Humnath Bhandari
View abstract
part |2 pages
Part V – Policy Responses In China And India
chapter 13|18 pages
How China Stabilized Grain Prices during the Global Price Crisis
ByCheng Fang
View abstract
chapter 14|24 pages
Rice Policies in India in the Context of the Global Rice Price Spike
ByAshok Gulati, Monica Dutta
View abstract
part |2 pages
Part VI – Policy Responses In The Developed Countries
chapter 15|14 pages
Japan’s Rice Policy and its Role in the World Rice Market: Japan Should Act as a Watchdog
ByShoichi Ito
View abstract
chapter 16|30 pages
The ‘Diplomatic Crop’, or How the US Provided Critical Leadership in Ending the Rice Crisis
ByTom Slayton
View abstract
part |2 pages
Part VII – Conclusion
chapter 17|12 pages
Can the Next Rice Crisis Be Prevented?
ByDavid Dawe
View abstract
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