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A Rational Rice Price Policy

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  • Leon A. Mears

Abstract

One year has elapsed since mid-1969 when the Indonesian Government gave its strong support to a rice price policy with a floor price that was expected to stimulate production and with a ceiling price reasonable for the consumer and stable to facilitate development throughout the economy. During this time, related economic conditions have changed both inside and outside the country, have changed internally with the simplification of the multiple Prices of rice bave declined in the world market, relative prices exchange rate structure and inflation has been constrained such that a low rate of inflation is now considered normal.

Suggested Citation

  • Leon A. Mears, 1971. "A Rational Rice Price Policy," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 19, pages 61-84.
    • Handle: RePEc:lpe:efijnl:197103
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    Keywords

    price; policy; bulog; traditional;
    All these keywords.

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