Political Economy of Rice Policy in Indonesia: A Perspective on the ASEAN Economic Opportunity

Analyzing Factors and Developing Strategies for Rice Price Stabilization Policy in Indonesia

“…In 2021, it was estimated by the International Rice Research Institute that Indonesians continued to consume over 100 kg of rice per person annually. This amount is considerably higher than those of other ASEAN members, especially when compared to Malaysia and Thailand, which are just 99 kg and 81 kg, respectively (Patunru & Ilman, 2019). However, due to the high price of rice, most Indonesians, especially those from impoverished backgrounds, face significant challenges (McCulloch, 2008).…”

Promoting Constructive Agriculture and Food Investment in ASEAN

“…The dominant role in many ASEAN Member States of SOE and similar agencies in international markets of staple commodities such as rice, is a major barrier for private investment in regional supply chains for key commodities and food (Patunru & Ilman, 2019;Octania, 2021). The role of BULOG in Indonesia, VINAFOOD I and II in Vietnam, National Food Authority (NFA) in the Philippines, and BERNAS in Malaysia in importing and distributing commodities, administering farmer subsidies, and setting import quotas all hinder private sector competition and FDI.…”