Lao People's Democratic Republic Responding to Rice Price Inflation

The objective of this policy note is to identify likely factors driving rice prices and suggest options to manage rice price volatility in the future. It also provides a snapshot of recent developments in the rice sector, and describes rice and foo...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURAL COMMODITIES AGRICULTURAL GROWTH AGRICULTURAL PRODUCTION AGRICULTURE AVAILABILITY OF RICE AVERAGE PRICES AVERAGE YIELDS BARLEY BEER BENCHMARK BUYING POWER CAPITA RICE CONSUMPTION COMMERCE COMMERCIALIZATION COMMODITY COMMODITY PRICE COMMODITY PRICES COMPREHENSIVE STRATEGY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDEXES CONSUMER PRICE INDICES CONSUMER PRICE INFLATION CONSUMER PRICES COOKING COOPERATIVES CORN CROP CROPS CULTIVATION DAMAGES DOMESTIC MARKET DOMESTIC MARKET PRICES DRY SEASON ECONOMIC RESEARCH ECOSYSTEMS ENERGY PRICE ENERGY PRICES EXPENDITURE EXPORT MARKET EXPORTS FAO FARM FARMERS FARMING FERTILIZER FERTILIZERS FINANCIAL CRISIS FLOUR FOOD FOR WORK FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD PRODUCTS FOOD SECURITY FOOD STOCKS FOOD SUPPLIES FORECASTS FREE TRADE GDP GRAIN GRAINS HARVESTS IFPRI INCOME INFLATION RATE INFLATION RATES INFRASTRUCTURE INVESTMENTS INPUT PRICES INTERNATIONAL MARKET INTERNATIONAL TRADE MACROECONOMIC POLICY MACROECONOMIC STABILITY MAIZE MAIZE PRODUCTION MALNUTRITION MARKET ACCESS MARKET ANALYSIS MARKET ECONOMY MARKET FAILURE MARKET INFORMATION MARKET INTEGRATION MARKET PRICE MARKET PRICES MARKET SHARE MARKETING MILLS MONETARY POLICY PADDY PESTICIDES POOR HOUSEHOLDS POPULATION GROWTH PRICE CHANGES PRICE CONTROLS PRICE DECREASES PRICE FLUCTUATIONS PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE INDICES PRICE INFLATION PRICE LEVELS PRICE STABILITY PRICE TRENDS PRICE VARIATIONS PRICE VOLATILITY PRIVATE MILLS PRODUCE PRODUCTION INCREASES PRODUCTION OUTPUT PRODUCTIVITY IMPROVEMENTS PROTEIN QUOTAS RELEVANT MARKET RETAIL RETAIL PRICES RICE AREAS RICE CULTIVATION RICE MILLS RICE PRICE RICE PRICES RICE PRODUCTION RICE TRADE RICE YIELDS SAFETY NETS SALES SEASONAL FACTORS SEED SEED VARIETIES SEEDS SPREAD STANDARD OF LIVING STAPLE FOODS STATISTICAL ANALYSIS STOCKS STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SUBSTITUTION SUGAR SUPPLY INCREASES SURPLUS SURPLUSES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY VOLATILITY WAGES WFP WHEAT WHOLESALE PRICES WORLD FOOD PROGRAM WORLD MARKET YIELDS
Online Access:	http://documents.worldbank.org/curated/en/483951468046179643/Lao-Peoples-Democratic-Republic-responding-to-rice-price-inflation http://hdl.handle.net/10986/26720

id	okr-10986-26720
recordtype	oai_dc
spelling	okr-10986-267202021-04-23T14:04:37Z Lao People's Democratic Republic Responding to Rice Price Inflation World Bank ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURAL COMMODITIES AGRICULTURAL GROWTH AGRICULTURAL PRODUCTION AGRICULTURE AVAILABILITY OF RICE AVERAGE PRICES AVERAGE YIELDS BARLEY BEER BENCHMARK BUYING POWER CAPITA RICE CONSUMPTION COMMERCE COMMERCIALIZATION COMMODITY COMMODITY PRICE COMMODITY PRICES COMPREHENSIVE STRATEGY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDEXES CONSUMER PRICE INDICES CONSUMER PRICE INFLATION CONSUMER PRICES COOKING COOPERATIVES CORN CROP CROPS CULTIVATION DAMAGES DOMESTIC MARKET DOMESTIC MARKET PRICES DRY SEASON ECONOMIC RESEARCH ECOSYSTEMS ENERGY PRICE ENERGY PRICES EXPENDITURE EXPORT MARKET EXPORTS FAO FARM FARMERS FARMING FERTILIZER FERTILIZERS FINANCIAL CRISIS FLOUR FOOD FOR WORK FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD PRODUCTS FOOD SECURITY FOOD STOCKS FOOD SUPPLIES FORECASTS FREE TRADE GDP GRAIN GRAINS HARVESTS IFPRI INCOME INFLATION RATE INFLATION RATES INFRASTRUCTURE INVESTMENTS INPUT PRICES INTERNATIONAL MARKET INTERNATIONAL TRADE MACROECONOMIC POLICY MACROECONOMIC STABILITY MAIZE MAIZE PRODUCTION MALNUTRITION MARKET ACCESS MARKET ANALYSIS MARKET ECONOMY MARKET FAILURE MARKET INFORMATION MARKET INTEGRATION MARKET PRICE MARKET PRICES MARKET SHARE MARKETING MILLS MONETARY POLICY PADDY PESTICIDES POOR HOUSEHOLDS POPULATION GROWTH PRICE CHANGES PRICE CONTROLS PRICE DECREASES PRICE FLUCTUATIONS PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE INDICES PRICE INFLATION PRICE LEVELS PRICE STABILITY PRICE TRENDS PRICE VARIATIONS PRICE VOLATILITY PRIVATE MILLS PRODUCE PRODUCTION INCREASES PRODUCTION OUTPUT PRODUCTIVITY IMPROVEMENTS PROTEIN QUOTAS RELEVANT MARKET RETAIL RETAIL PRICES RICE AREAS RICE CULTIVATION RICE MILLS RICE PRICE RICE PRICES RICE PRODUCTION RICE TRADE RICE YIELDS SAFETY NETS SALES SEASONAL FACTORS SEED SEED VARIETIES SEEDS SPREAD STANDARD OF LIVING STAPLE FOODS STATISTICAL ANALYSIS STOCKS STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SUBSTITUTION SUGAR SUPPLY INCREASES SURPLUS SURPLUSES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY VOLATILITY WAGES WFP WHEAT WHOLESALE PRICES WORLD FOOD PROGRAM WORLD MARKET YIELDS The objective of this policy note is to identify likely factors driving rice prices and suggest options to manage rice price volatility in the future. It also provides a snapshot of recent developments in the rice sector, and describes rice and food price trends and their implications. Based on these findings, the note discusses policy options. The policy brief has six chapters, including this introduction. Chapter two provides a brief outline of the rice sector. Chapter three describes recent trends in world and Lao food prices. It also provides insights into likely macroeconomic and household welfare impacts of rice price inflation. Chapter four discusses the potential causes of rice price inflation, as suggested by other reports and people interviewed. Chapter five analyzes the role of the regional rice market in determining prices, which this policy brief identifies as the primary cause of the glutinous rice price hike. Chapter six concludes by presenting recommendations. 2017-05-23T15:31:32Z 2017-05-23T15:31:32Z 2011-08-15 Report http://documents.worldbank.org/curated/en/483951468046179643/Lao-Peoples-Democratic-Republic-responding-to-rice-price-inflation http://hdl.handle.net/10986/26720 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Notes Economic & Sector Work East Asia and Pacific Lao People's Democratic Republic
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURAL COMMODITIES AGRICULTURAL GROWTH AGRICULTURAL PRODUCTION AGRICULTURE AVAILABILITY OF RICE AVERAGE PRICES AVERAGE YIELDS BARLEY BEER BENCHMARK BUYING POWER CAPITA RICE CONSUMPTION COMMERCE COMMERCIALIZATION COMMODITY COMMODITY PRICE COMMODITY PRICES COMPREHENSIVE STRATEGY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDEXES CONSUMER PRICE INDICES CONSUMER PRICE INFLATION CONSUMER PRICES COOKING COOPERATIVES CORN CROP CROPS CULTIVATION DAMAGES DOMESTIC MARKET DOMESTIC MARKET PRICES DRY SEASON ECONOMIC RESEARCH ECOSYSTEMS ENERGY PRICE ENERGY PRICES EXPENDITURE EXPORT MARKET EXPORTS FAO FARM FARMERS FARMING FERTILIZER FERTILIZERS FINANCIAL CRISIS FLOUR FOOD FOR WORK FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD PRODUCTS FOOD SECURITY FOOD STOCKS FOOD SUPPLIES FORECASTS FREE TRADE GDP GRAIN GRAINS HARVESTS IFPRI INCOME INFLATION RATE INFLATION RATES INFRASTRUCTURE INVESTMENTS INPUT PRICES INTERNATIONAL MARKET INTERNATIONAL TRADE MACROECONOMIC POLICY MACROECONOMIC STABILITY MAIZE MAIZE PRODUCTION MALNUTRITION MARKET ACCESS MARKET ANALYSIS MARKET ECONOMY MARKET FAILURE MARKET INFORMATION MARKET INTEGRATION MARKET PRICE MARKET PRICES MARKET SHARE MARKETING MILLS MONETARY POLICY PADDY PESTICIDES POOR HOUSEHOLDS POPULATION GROWTH PRICE CHANGES PRICE CONTROLS PRICE DECREASES PRICE FLUCTUATIONS PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE INDICES PRICE INFLATION PRICE LEVELS PRICE STABILITY PRICE TRENDS PRICE VARIATIONS PRICE VOLATILITY PRIVATE MILLS PRODUCE PRODUCTION INCREASES PRODUCTION OUTPUT PRODUCTIVITY IMPROVEMENTS PROTEIN QUOTAS RELEVANT MARKET RETAIL RETAIL PRICES RICE AREAS RICE CULTIVATION RICE MILLS RICE PRICE RICE PRICES RICE PRODUCTION RICE TRADE RICE YIELDS SAFETY NETS SALES SEASONAL FACTORS SEED SEED VARIETIES SEEDS SPREAD STANDARD OF LIVING STAPLE FOODS STATISTICAL ANALYSIS STOCKS STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SUBSTITUTION SUGAR SUPPLY INCREASES SURPLUS SURPLUSES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY VOLATILITY WAGES WFP WHEAT WHOLESALE PRICES WORLD FOOD PROGRAM WORLD MARKET YIELDS
spellingShingle	ADVERSE EFFECTS AGGREGATE DEMAND AGRICULTURAL COMMODITIES AGRICULTURAL GROWTH AGRICULTURAL PRODUCTION AGRICULTURE AVAILABILITY OF RICE AVERAGE PRICES AVERAGE YIELDS BARLEY BEER BENCHMARK BUYING POWER CAPITA RICE CONSUMPTION COMMERCE COMMERCIALIZATION COMMODITY COMMODITY PRICE COMMODITY PRICES COMPREHENSIVE STRATEGY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDEXES CONSUMER PRICE INDICES CONSUMER PRICE INFLATION CONSUMER PRICES COOKING COOPERATIVES CORN CROP CROPS CULTIVATION DAMAGES DOMESTIC MARKET DOMESTIC MARKET PRICES DRY SEASON ECONOMIC RESEARCH ECOSYSTEMS ENERGY PRICE ENERGY PRICES EXPENDITURE EXPORT MARKET EXPORTS FAO FARM FARMERS FARMING FERTILIZER FERTILIZERS FINANCIAL CRISIS FLOUR FOOD FOR WORK FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD PRODUCTS FOOD SECURITY FOOD STOCKS FOOD SUPPLIES FORECASTS FREE TRADE GDP GRAIN GRAINS HARVESTS IFPRI INCOME INFLATION RATE INFLATION RATES INFRASTRUCTURE INVESTMENTS INPUT PRICES INTERNATIONAL MARKET INTERNATIONAL TRADE MACROECONOMIC POLICY MACROECONOMIC STABILITY MAIZE MAIZE PRODUCTION MALNUTRITION MARKET ACCESS MARKET ANALYSIS MARKET ECONOMY MARKET FAILURE MARKET INFORMATION MARKET INTEGRATION MARKET PRICE MARKET PRICES MARKET SHARE MARKETING MILLS MONETARY POLICY PADDY PESTICIDES POOR HOUSEHOLDS POPULATION GROWTH PRICE CHANGES PRICE CONTROLS PRICE DECREASES PRICE FLUCTUATIONS PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE INDICES PRICE INFLATION PRICE LEVELS PRICE STABILITY PRICE TRENDS PRICE VARIATIONS PRICE VOLATILITY PRIVATE MILLS PRODUCE PRODUCTION INCREASES PRODUCTION OUTPUT PRODUCTIVITY IMPROVEMENTS PROTEIN QUOTAS RELEVANT MARKET RETAIL RETAIL PRICES RICE AREAS RICE CULTIVATION RICE MILLS RICE PRICE RICE PRICES RICE PRODUCTION RICE TRADE RICE YIELDS SAFETY NETS SALES SEASONAL FACTORS SEED SEED VARIETIES SEEDS SPREAD STANDARD OF LIVING STAPLE FOODS STATISTICAL ANALYSIS STOCKS STRUCTURAL CHANGE SUBSTITUTE SUBSTITUTES SUBSTITUTION SUGAR SUPPLY INCREASES SURPLUS SURPLUSES TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY VOLATILITY WAGES WFP WHEAT WHOLESALE PRICES WORLD FOOD PROGRAM WORLD MARKET YIELDS World Bank Lao People's Democratic Republic Responding to Rice Price Inflation
geographic_facet	East Asia and Pacific Lao People's Democratic Republic
description	The objective of this policy note is to identify likely factors driving rice prices and suggest options to manage rice price volatility in the future. It also provides a snapshot of recent developments in the rice sector, and describes rice and food price trends and their implications. Based on these findings, the note discusses policy options. The policy brief has six chapters, including this introduction. Chapter two provides a brief outline of the rice sector. Chapter three describes recent trends in world and Lao food prices. It also provides insights into likely macroeconomic and household welfare impacts of rice price inflation. Chapter four discusses the potential causes of rice price inflation, as suggested by other reports and people interviewed. Chapter five analyzes the role of the regional rice market in determining prices, which this policy brief identifies as the primary cause of the glutinous rice price hike. Chapter six concludes by presenting recommendations.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Lao People's Democratic Republic Responding to Rice Price Inflation
title_short	Lao People's Democratic Republic Responding to Rice Price Inflation
title_full	Lao People's Democratic Republic Responding to Rice Price Inflation
title_fullStr	Lao People's Democratic Republic Responding to Rice Price Inflation
title_full_unstemmed	Lao People's Democratic Republic Responding to Rice Price Inflation
title_sort	lao people's democratic republic responding to rice price inflation
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/483951468046179643/Lao-Peoples-Democratic-Republic-responding-to-rice-price-inflation http://hdl.handle.net/10986/26720
_version_	1764462555184496640

Lao People's Democratic Republic Responding to Rice Price Inflation

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