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How I Learned to Stabilize Rice Prices, and Why: A Retrospective Essay

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  • Timmer, C. Peter

Abstract

This paper for the 20th anniversary special issue of the Asian Journal of Agriculture and Development traces the evolution of my thinking on what to do about food price instability. Now that feeding the world is again front-page news, I am trying to figure out what pieces of my own thinking over the past half century might provide guidance on how to proceed. The world food system is under great stress as I write (early 2024), but this is probably a good time for some historical perspective as well as active engagement from people with knowledge of on-the-ground realities. I apologize in advance for the extensive listing of my own publications, but their story is my story.

Suggested Citation

  • Timmer, C. Peter, 2024. "How I Learned to Stabilize Rice Prices, and Why: A Retrospective Essay," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 21(20th Anni), October.
    • Handle: RePEc:ags:phajad:348348
    DOI: 10.22004/ag.econ.348348
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    References listed on IDEAS

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    1. Piesse, Jenifer & Thirtle, Colin, 2009. "Three bubbles and a panic: An explanatory review of recent food commodity price events," Food Policy, Elsevier, vol. 34(2), pages 119-129, April.
    2. C. Peter Timmer & David Dawe, 2007. "Managing Food Price Instability in Asia: A Macro Food Security Perspective," Asian Economic Journal, East Asian Economic Association, vol. 21(1), pages 1-18, March.
    3. Anderson, Jock & Roumasset, James, 1996. "FOOD Insecurity and Stochastic Aspects of Poverty," MPRA Paper 13323, University Library of Munich, Germany.
    4. Peter Timmer & Selvin Akkus, 2008. "The Structural Transformation as a Pathway out of Poverty: Analytics, Empirics and Politics," Working Papers 150, Center for Global Development.
    5. Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, vol. 59(4), pages 251-278, October.
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