Write An Essay On The Rice Policy Advantages And Disadvantages
The rice policy is a very important issue enough to shake the foundation of the country. Opinions are divided among people on the rice policy. A close study of pros and cons is necessary for our purpose.
First of all, start from the viewpoint of market mechanism. Needless to say, the rice policy is the Government intervention. Therefore, some people think that the rice policy is in the breach of economic principles. Government set prices, which are much higher than those market prices and buy all the rice without limitation. This seems to be a kind of a distortion and destruction of the free market. However, the Thai rice market is not a really free market because some traders and exporters had held a monopoly for a long time. Hence others
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In this regard, the rice policy obtains some approval. Conversely, the scheme is also concerned about the potential for flooding the Thai market with low-quality rice because it sets the humidity requirement only at less than 15%. Consequently, the number of fast-growing and low-quality rice, increases others think. In fact, a lot of farmers admitted that they grew such rice in order to sell to the government.
Finally, the assumption that the scheme is hunting the rice industry and the country’s finance is accepted. Besides, the source of capital funds, which farmers would gain, is an important crop so that some theorists that democracy should not be only tangible but have to be responsible. Therefore, it is important to manage resources and opportunities in spite of the people. However, the possibility that it would be the irresponsible polices cannot be denied but there are ways to reduce risks. There seem to be stillroom for a considerable measure of disagreement about resource allocation
In the last resort, it’s much difficult to make a fair judgment on the rice policy. Further consideration will be needed to yield any findings. Though much still remains to be unsettled, I believe that I made a few contributions toward the
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