Open AccessExport Potential of Fine Rice From Pakistan
Author(s) -
Syed Mushtaq Hussain
Publication year - 1964
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v4i4pp.665-706
Subject(s) - procurement , production (economics) , rationality , foreign exchange , business , economics , supply and demand , food security , agricultural economics , food supply , agriculture , monetary economics , microeconomics , biology , marketing , law , ecology , political science
In recent years, rice has emerged as an important foreignexchange earner for Pakistan. All the rice exports since 1958-59 weresupplied by West Pakistan, a surplus rice area under the present priceand procurement policies. In spite of an overall rice deficit, due todeficiency of production in East Pakistan, high-priced fine varietieswere exported at the same time that PL 480 food grains were beingimported. The current thinking in and outside the government is to raisesubstantially the production and exports of fine rice (especiallyBasmati rice). In order to examine the rationality of increasing theproduction and exports of fine rice, certain basic information on worldsupply and demand are essential. This paper attempts to provide andbuild up some of the necessary infor¬mation on the supply of and demandfor Pakistan's fine rices. Moreover, the rationality of increasing theproduction and exports of fine rice and of continuing the present policyand institutional framework for the procurement and export of rice, isexamined. The paper is divided into four parts (in addition to theintro¬duction and conclusion): i) supply potential of fine rices, ii)potential world demand for fine rices; iii) policy and institutionalframework for the procure¬ment and export of fine rice; and iv)rationality of increasing the production and export of fine rice.