It's not the size, but how it's used: lesson for ASEAN rice reserves

• Main Author: Jose Ma. Luis P. Montesclaros
• Other Authors: S. Rajaratnam School of International Studies
• Format: Commentary
• Language: English
• Published: 2016
• Subjects: Country and region studies; East Asia and Asia Pacific; Non-traditional security; Regionalism and multilateralism; South Asia; Southeast Asia and ASEAN
• Online Access: https://hdl.handle.net/10356/82083; http://hdl.handle.net/10220/39810
• Institution: Nanyang Technological University

ASEAN’s approach to stabilising rice markets and averting crises has focused on having sufficient rice stocks as a buffer. Insights from stabilisation in currency markets show that reserve size is not as important as the way it is used to reduce overall risk exposure.