Importing High Food Prices by Exporting Rice Prices in Lao PDR

This paper shows how a developing country, Lao PDR, imports high glutinous rice prices by exporting its staple food to neighboring countries, Vietnam and Thailand. Lao PDR has extensive export controls on rice, generating a sizable difference between domestic and international prices. Controls are r...

Full description

Bibliographic Details
Main Author: Durevall, Dick
Other Authors: van der Weide, Roy
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2014
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
LEADER 01514nmm a2200229 u 4500
001 EB002101524
003 EBX01000000000000001241614
005 00000000000000.0
007 cr|||||||||||||||||||||
008 221013 ||| eng
100 1 |a Durevall, Dick 
245 0 0 |a Importing High Food Prices by Exporting  |h Elektronische Ressource  |b Rice Prices in Lao PDR  |c Durevall, Dick 
260 |a Washington, D.C  |b The World Bank  |c 2014 
300 |a 40 p 
700 1 |a Durevall, Dick 
700 1 |a van der Weide, Roy 
041 0 7 |a eng  |2 ISO 639-2 
989 |b WOBA  |a World Bank E-Library Archive 
028 5 0 |a 10.1596/1813-9450-7119 
856 4 0 |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7119  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper shows how a developing country, Lao PDR, imports high glutinous rice prices by exporting its staple food to neighboring countries, Vietnam and Thailand. Lao PDR has extensive export controls on rice, generating a sizable difference between domestic and international prices. Controls are relaxed after good harvests, leading to a surge in exports early in the season and rapidly rising prices later in the year. There is thus a strong case for removal of trade restrictions since they give rise to price spikes, keep the long-term price of glutinous rice low, and thereby hinder increases in income from agriculture. Although this is a case study of Lao PDR, the findings may equally apply to other developing countries that export their staple food