Research Catalog

Trade, exchange rate, and agricultural pricing policies in Thailand

Title
Trade, exchange rate, and agricultural pricing policies in Thailand / Ammar Siamwalla, Suthad Setboonsarng ; with the assistance of Chaisa Permpoonwatanasuk, Chareonchai Lengsiriwat, Prasong Werakarnjanapongs.
Author
ʻAmmā Sayāmwālā.
Publication
Washington, D.C. : World Bank, 1989.

Items in the Library & Off-site

Filter by

1 Item

StatusFormatAccessCall NumberItem Location
Request for On-site UseRequest Scan
How do I pick up this item and when will it be ready?
TextUse in library HD2080.55.Z775 A44 1989Off-site

Details

Additional Authors
Suthad Setboonsarng.
Description
pages cm.
Summary
Thailand is still largely an agricultural country. In 1984, agricultural work was still the main source of earnings for more than 70 percent of the population. For much of the 25 year period covered by this report, government intervention in the prices of rice, maize, and natural rubber was extensive. For these products, intervention took the form of explicit export taxes and restrictive quotas. Sugar, on the other hand, was imported until 1960. For many years prior to that, government policy was to encourage growers and thus achieve self-sufficiency. One conclusion of this study is that the Thai sugar industry would have shrunk dramatically if the government had refrained from intervention. Intervention in the prices of rice and natural rubber had the effect of penalizing farm producers by reducing their output prices. There was, as a consequence a shift of resources towards Thailand's small industrial sector. In 1981, the Thai government lifted its quota restrictions, and liberalized its trade by eliminating its intervention in the maize, rice, sugar and natural rubber markets. Unfortunately for export growers, however, the gradual elimination of intervention was overshadowed by sharp declines in the world prices of Thailand's major agricultural exports.
Series Statement
The Political economy of agricultural pricing policy
Uniform Title
World Bank comparative studies. Political economy of agricultural pricing policy
Subject
  • Agricultural prices > Government policy > Thailand
  • Agricultural prices > Government policy
  • Thailand
Bibliography (note)
  • Includes bibliographical references.
ISBN
  • 0821313169
  • 9780821313169
LCCN
89038871
OCLC
  • ocm20262873
  • 20262873
  • SCSB-1891219
Owning Institutions
Princeton University Library