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Full-Text Articles in Rural Sociology
Politics And The Price Of Rice In Thailand: Public Choice, Institutional Change And Rural Subsidies, Jacob Ricks
Politics And The Price Of Rice In Thailand: Public Choice, Institutional Change And Rural Subsidies, Jacob Ricks
Research Collection School of Social Sciences
Despite the Thai state’s long record of rice market interventions, historically politicians failed to leverage rice subsidies in their pursuit of political support, notwithstanding the large number of farmers in the country. Since Thaksin Shinawatra’s election in 2001, though, each government has subsidised rice producers, although at varying degrees. What explains this change? This article traces the four-decade history of rice price support programmes. It is proposed that these policies be interpreted through the dual lens of institutionalism and public choice theory, demonstrating how political institutions have shaped incentives for politicians to cater to different constituencies. During the pre-1980 period, …