Cross-border trade in food commodities within sub-regional economic blocks in Sub-Sahara Africa (SSA) is believed to be faster, cheaper, more convenient and welfare-enhancing than overseas trade between SSA countries and the USA, EU and the BRIC countries. The difficulty of commodity arbitrage...

Thailand shares an approximated 2400 kilometers' border with Myanmar. The development of border trade between Thailand and Myanmar has a long history. There are various border trade issues, including the smuggling trade that plays one of the most important roles within the sphere of economic...

The rice price-pledging scheme is a price support program that aims to provide a loan at low interest rate to farmers. The government lends the farmer money equivalent to the value of the pledged rice. This policy has been criticized that it may distort the market mechanism. Therefore, this...