price volatility. This study shows the nature of the resulting collective action problem, with the policy being ineffective … estimates of agricultural distortions to assess its contribution to the price spikes in 1972-74 and 2006-08 for rice and wheat …. The analysis suggests that 45 percent of the increase in rice prices in 2006-08, and 30 percent of the increase in wheat …

interest to consumers. "Golden rice" has been genetically engineered to contain a higher level of vitamin A and thereby boost … of adopting both types of innovation in Asia, including its impact on rice producers and other consumers. They do so … gains could be dwarfed by the welfare gains resulting from the potential health-enhancing attributes of golden rice which …