Export-oriented agriculture of Thailand: Formation and change
2015
Inoue, S. (Policy Research Institute, Ministry of Agriculture, Forestry and Fisheries (Japan))
The development process of Thai agriculture since the 1960s is scrutinized based on quantitative information, dividing it into three stages from macroscopic level to farmer level. The study indicates its characteristics as an export-oriented agriculture linked to overseas markets through agribusiness. The S-shaped growth pattern represents the changes in agricultural production and production factors. The income inequality between agriculture and non-agricultural industry has persisted and the income level of farmers is still low. The rice price support policy of the government in recent years, however, went bankrupt in a short period of time since it was not designed properly for a country exporting rice. The intervention policy for the rice market should be carefully designed based on the constraints of an exporting country.
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