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Bulog And Stabilization Of A Rice Economy

Author

Listed:
  • Leon A. Mears

Abstract

Bulog is charged with three extremely important responsibilities relative to rice, as follows: 1) to supply rice regularly to the armed forces and to most Government servants at prices that maintain a high degree of stability to incomes of these key groups; 2) to purchas: rice or paddy on the domestic market so as to support a minimum floor price for the farmer sufficient to induce him to increase production through intensive use of fertilizer, weeding and other important farm inputs ; and 3) to be prepared to inject rice into the market so as to help maintain a stable economy by preventing rice prices from rising above a predetermined ceiling price.

Suggested Citation

  • Leon A. Mears, 1974. "Bulog And Stabilization Of A Rice Economy," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 22, pages 199-205, September.
    • Handle: RePEc:lpe:efijnl:197410
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