World Bank2017-05-232017-05-232011-08-15https://hdl.handle.net/10986/26720The 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.en-USCC BY 3.0 IGOADVERSE EFFECTSAGGREGATE DEMANDAGRICULTURAL COMMODITIESAGRICULTURAL GROWTHAGRICULTURAL PRODUCTIONAGRICULTUREAVAILABILITY OF RICEAVERAGE PRICESAVERAGE YIELDSBARLEYBEERBENCHMARKBUYING POWERCAPITA RICE CONSUMPTIONCOMMERCECOMMERCIALIZATIONCOMMODITYCOMMODITY PRICECOMMODITY PRICESCOMPREHENSIVE STRATEGYCONSUMER PRICECONSUMER PRICE INDEXCONSUMER PRICE INDEXESCONSUMER PRICE INDICESCONSUMER PRICE INFLATIONCONSUMER PRICESCOOKINGCOOPERATIVESCORNCROPCROPSCULTIVATIONDAMAGESDOMESTIC MARKETDOMESTIC MARKET PRICESDRY SEASONECONOMIC RESEARCHECOSYSTEMSENERGY PRICEENERGY PRICESEXPENDITUREEXPORT MARKETEXPORTSFAOFARMFARMERSFARMINGFERTILIZERFERTILIZERSFINANCIAL CRISISFLOURFOOD FOR WORKFOOD PRICE INFLATIONFOOD PRICESFOOD PRODUCTIONFOOD PRODUCTSFOOD SECURITYFOOD STOCKSFOOD SUPPLIESFORECASTSFREE TRADEGDPGRAINGRAINSHARVESTSIFPRIINCOMEINFLATION RATEINFLATION RATESINFRASTRUCTURE INVESTMENTSINPUT PRICESINTERNATIONAL MARKETINTERNATIONAL TRADEMACROECONOMIC POLICYMACROECONOMIC STABILITYMAIZEMAIZE PRODUCTIONMALNUTRITIONMARKET ACCESSMARKET ANALYSISMARKET ECONOMYMARKET FAILUREMARKET INFORMATIONMARKET INTEGRATIONMARKET PRICEMARKET PRICESMARKET SHAREMARKETINGMILLSMONETARY POLICYPADDYPESTICIDESPOOR HOUSEHOLDSPOPULATION GROWTHPRICE CHANGESPRICE CONTROLSPRICE DECREASESPRICE FLUCTUATIONSPRICE INCREASEPRICE INCREASESPRICE INDEXPRICE INDICESPRICE INFLATIONPRICE LEVELSPRICE STABILITYPRICE TRENDSPRICE VARIATIONSPRICE VOLATILITYPRIVATE MILLSPRODUCEPRODUCTION INCREASESPRODUCTION OUTPUTPRODUCTIVITY IMPROVEMENTSPROTEINQUOTASRELEVANT MARKETRETAILRETAIL PRICESRICE AREASRICE CULTIVATIONRICE MILLSRICE PRICERICE PRICESRICE PRODUCTIONRICE TRADERICE YIELDSSAFETY NETSSALESSEASONAL FACTORSSEEDSEED VARIETIESSEEDSSPREADSTANDARD OF LIVINGSTAPLE FOODSSTATISTICAL ANALYSISSTOCKSSTRUCTURAL CHANGESUBSTITUTESUBSTITUTESSUBSTITUTIONSUGARSUPPLY INCREASESSURPLUSSURPLUSESTRADE LIBERALIZATIONTRADE POLICIESTRADE POLICYVOLATILITYWAGESWFPWHEATWHOLESALE PRICESWORLD FOOD PROGRAMWORLD MARKETYIELDSReportWorld Bank10.1596/26720