Bulog And Stabilization Of A Rice Economy

Leon A. Mears

Economics and Finance in Indonesia, 1974, vol. 22, 199-205

Abstract: Bulog is charged with three extremely important responsibilities relative to rice, as follows: 1) to supply rice regularly to the armed forces and to most Government servants at prices that maintain a high degree of stability to incomes of these key groups; 2) to purchas: rice or paddy on the domestic market so as to support a minimum floor price for the farmer sufficient to induce him to increase production through intensive use of fertilizer, weeding and other important farm inputs ; and 3) to be prepared to inject rice into the market so as to help maintain a stable economy by preventing rice prices from rising above a predetermined ceiling price.

Keywords: economy; stabilizaton; supply; consumption; production (search for similar items in EconPapers)
Date: 1974
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