In 2011 the Thai Government pledged to pay rice producers 50 per cent more than the going market price. The surplus has gone into Government stocks. While supporting local farmers, the Government also hoped to drive up world prices by withholding supplies from the world market and make a...

The Rural Adjustment Scheme (RAS) is assessed in relation to its stated goals, and suggestions made for how it should be changed so as to better achieve these goals, imporant parts of the program are still poorly motivated and should be removed or restructured. It is argued taht one of the main...