A Proposal for an Asian Rice Insurance Mechanism

• Main Author: Mendoza, Ronald U
• Format: text
• Published: Archīum Ateneo 2009
• Subjects: climate change; food crisis; regional public good; rice reserves; Public Affairs, Public Policy and Public Administration
• Online Access: https://archium.ateneo.edu/asog-pubs/134; https://www.degruyter.com/view/journals/gej/9/1/article-gej.2009.9.1.1454.xml.xml
• Institution: Ateneo De Manila University

The food price shocks that erupted in 2008 revealed the vulnerability of many developing countries, notably those in Asia, from volatility in the international foodgrain markets. For instance, by March of 2008, the price of traded rice had increased by well over 70 percent compared to year-before le...