The Political Economy of Food Price Policy: the Case of Rice Prices in Vietnam

Manh Hai Nguyen and Theodore Talbot

No wp-2013-035, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Rice is a key agricultural commodity in Vietnam, and the agriculture, forestry, and fisheries sector remains a major source of employment and value addition. This paper 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.

Keywords: Agriculture; Macroeconomics; Prices; Decision making (Public administration) (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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