The Politics of Rice in Thailand Springs Eternal

Military regime justified its coup on uprooting the previous government's boondoggle rice price scheme but four years later it's not clear farmers are any better off

The Politics of Rice in Thailand Springs Eternal

BANGKOK – In early September, Thailand’s military government auctioned off the last load of rice stockpiled from the populist paddy-pledging scheme of coup-toppled Prime Minister Yingluck Shinawatra, a boondoggle policy that cost the state billions of dollars in losses. The profligate program, under which the government pledged to buy “every grain of rice” from Thai […]