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Asia Sentinel
A year on, Thai Rice Subsidy Still Looks a Mistake

A year on, Thai Rice Subsidy Still Looks a Mistake

Our Correspondent
Aug 30, 2012
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Asia Sentinel
Asia Sentinel
A year on, Thai Rice Subsidy Still Looks a Mistake
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Just a year after Thailand's Pheu Thai government introduced its controversial rice subsidy program, it has done exactly what economists said it would do. It has resulted in Thailand's possible loss of its position as the global leader in rice production, added millions of tonnes to government warehouses, and kept the country's 8 million rice farmers bl…

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