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RICEPEC: Thailand’s Dangerous Idea
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RICEPEC: Thailand’s Dangerous Idea

Philip Bowring's avatar
Philip Bowring
May 03, 2008
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RICEPEC: Thailand’s Dangerous Idea
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In a misguided attempt to protect Southeast Asia's rice growers, Thailand’s Prime Minister Samak Sundaravej wants to bring Vietnam, Burma, Cambodia and Laos together to create a cartel of regional rice exporters. Though not quite like OPEC, its aim to keep global prices high, or at least from not slipping back to the low levels seen earlier this decade.

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