Thailand’s Populist Policies Have Sunken Farmers into Deeper Debt

Thailand’s Populist Policies Have Sunken Farmers into Deeper Debt

BANGKOK – The Bank of Thailand’s think tank the Puey Ungphakorn Institute for Economic Research (Pier) has released a survey showing how state subsidies have distorted crop prices and have sunken farmers deeper in debt and contributed to falling productivity and higher inequality in resource accessibility. Long-standing state subsidies have distorted crop prices, sunk farmers […]