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221013 ||| eng |
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|a Durevall, Dick
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|a Importing High Food Prices by Exporting
|h Elektronische Ressource
|b Rice Prices in Lao PDR
|c Durevall, Dick
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|a Washington, D.C
|b The World Bank
|c 2014
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|a 40 p
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|a Durevall, Dick
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|a van der Weide, Roy
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|a eng
|2 ISO 639-2
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|b WOBA
|a World Bank E-Library Archive
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|a 10.1596/1813-9450-7119
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|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7119
|x Verlag
|3 Volltext
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|a 330
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|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
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