The rice sector

Recent major local shocks have negatively affected Myanmar’s economy and its people. Disruptions in the world economy linked to the outbreak of COVID-19 in early 2020 and the Ukraine war in 2022 and 2023 have led to sharp price increases for petroleum products, wheat, vegetable oils, and other food...

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Detalles Bibliográficos
Autores principales: Dorosh, Paul A., Aung, Nilar, Minten, Bart
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/155118
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author Dorosh, Paul A.
Aung, Nilar
Minten, Bart
author_browse Aung, Nilar
Dorosh, Paul A.
Minten, Bart
author_facet Dorosh, Paul A.
Aung, Nilar
Minten, Bart
author_sort Dorosh, Paul A.
collection Repository of Agricultural Research Outputs (CGSpace)
description Recent major local shocks have negatively affected Myanmar’s economy and its people. Disruptions in the world economy linked to the outbreak of COVID-19 in early 2020 and the Ukraine war in 2022 and 2023 have led to sharp price increases for petroleum products, wheat, vegetable oils, and other food products, as well as agricultural inputs, such as chemical fertilizers. Myanmar’s rice sector has also been adversely affected by increases in insecurity in rural areas, higher world prices, and reduced cross-border exports to China. This chapter explores the implications of these shocks for Myanmar’s rice exports, domestic rice production, and domestic rice prices. First, we discuss Myanmar’s rice economy. Next, we describe the equations, database, and parameters of the partial equilibrium model of Myanmar’s rice economy used in this analysis. We then present model simulation results, covering the effects of the income and price shocks in 2022, negative rice production shocks accompanied by lower rice exports in 2023, and implications of a cessation of cross-border rice exports to China. The final section summarizes the results, discusses policy implications, and suggests areas for further work.
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spelling CGSpace1551182025-11-06T04:02:01Z The rice sector Dorosh, Paul A. Aung, Nilar Minten, Bart shock economic situation farm inputs exports rice prices agricultural production markets Recent major local shocks have negatively affected Myanmar’s economy and its people. Disruptions in the world economy linked to the outbreak of COVID-19 in early 2020 and the Ukraine war in 2022 and 2023 have led to sharp price increases for petroleum products, wheat, vegetable oils, and other food products, as well as agricultural inputs, such as chemical fertilizers. Myanmar’s rice sector has also been adversely affected by increases in insecurity in rural areas, higher world prices, and reduced cross-border exports to China. This chapter explores the implications of these shocks for Myanmar’s rice exports, domestic rice production, and domestic rice prices. First, we discuss Myanmar’s rice economy. Next, we describe the equations, database, and parameters of the partial equilibrium model of Myanmar’s rice economy used in this analysis. We then present model simulation results, covering the effects of the income and price shocks in 2022, negative rice production shocks accompanied by lower rice exports in 2023, and implications of a cessation of cross-border rice exports to China. The final section summarizes the results, discusses policy implications, and suggests areas for further work. 2024-10-10 2024-10-02T19:57:27Z 2024-10-02T19:57:27Z Book Chapter https://hdl.handle.net/10568/155118 en https://hdl.handle.net/10568/152392 Open Access application/pdf International Food Policy Research Institute Dorosh, Paul; Aung, Nilar; and Minten, Bart. 2024. The rice sector. In Myanmar’s agrifood system: Historical development, recent shocks, future opportunities. Boughton, Duncan; Belton, Ben; Lambrecht, Isabel B.; Masias, Ian; and Minten, Bart (Eds.). Chapter 11, pp. 279-307. https://hdl.handle.net/10568/155118
spellingShingle shock
economic situation
farm inputs
exports
rice
prices
agricultural production
markets
Dorosh, Paul A.
Aung, Nilar
Minten, Bart
The rice sector
title The rice sector
title_full The rice sector
title_fullStr The rice sector
title_full_unstemmed The rice sector
title_short The rice sector
title_sort rice sector
topic shock
economic situation
farm inputs
exports
rice
prices
agricultural production
markets
url https://hdl.handle.net/10568/155118
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