coll. - The functioning of public stockholding policies
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OECD (2018), The Economic Effects of Public Stockholding Policies for Rice in Asia , OECD Publishing, Paris.
https://doi.org/10.1787/9789264305366-en
Annelies Deuss, of the OECD Directorate for Trade and Agriculture, is the lead author of this report. Chapters 2 and 3 were co-authored with Marcel Adenuer (OECD). Research assistance was provided by Margaux Sauvaget for Chapter 1 and Armelle Elasri (OECD) for Chapter 2. Michle Patterson provided publication support and Stephanie Coic designed the cover and schematics.
Valuable comments from OECD colleagues were greatly appreciated, including those from Jonathan Brooks, Carmel Cahill, Jared Greenville, Andrzej Kwieciski, Hubertus Gay, Kelsey Burns, Silvia Sorescu, and Gen Furuhashi.
The report also benefited from valuable inputs from the delegates to the OECD Working Party on Agricultural Policies and Markets and from comments provided by Shirley Mustafa (FAO), Wonsup Yoon, Hiroshi Akai, and members of the AMIS Global Food Market Information Group.
Public stockholding programmes, whereby governments purchase, stockpile and distribute food staples, have regained popularity as a policy tool since the 2007-08 food price crisis. Governments deploy these programmes with a view to shielding consumers from food price spikes and providing more stable domestic prices for both consumers and producers. However, these programmes may also have additional and unintentional impacts on domestic and international markets, depending on how they function and the scale of intervention.
This report focuses on the specific case of public stockholding programmes for rice in Asia and analyses how different public stockholding strategies may influence domestic and international markets over the medium term (2018 to 2030). It examines, in particular, what would happen if several countries were at the same time to either expand or reduce their levels of public rice stocks, thereby placing some bounds on the potential global impacts of these policies.
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