Agricultural Protectionism in East Asia Econ 3313B Instructor: Han Thaís Tambara

Agricultural Protectionism in East Asia Started in XX century High price = depencence Promotion of rice production 1930: Japan was self sufficient in rice

Self-Sufficiency Ratio

Agricultural Protecionism in East Asia 1950: Post War reconstruction Neo Confuncian values Government intervention Human capital 1960: rise of national prices + urban population 1970: demand for assistance = price support and protection from import

Farm Policies in East Asia Food security Equalize levels Political interests Government budget Japan Agricultural Group Avaiable Options To boost food self-sufficiency through long term contracts TPP Agremeent

Trans Pacific Partnership Agreement (TPP) Multinational trade agreement 21st issues: investments, competition policy, service and movement of service providers, etc 12 countries: U.S., Japan, Canada, Mexico, Australia, New Zealand, Singapore, Vietnam, Malasya, Peru, Chile and Brunei World’s biggest free trade zone

Trans Pacific Partnership Agreement (TPP) Pros Correct commercial imperfections Improve diplomatic abilities Option to leave the rice as exception Cons Already exists international mechanism such as GATT Give in to U.S. pressure

Questions What was the price of rice in Japan in 2014 ? The price of rice in Japan in 2014 was US$ 24 per pound.* What are the cons of rice protection in Japan ? The Japaneses has to pay almost 10 times more than the market price in the product. The consumption of rice is decreasing in the long of the years because of the high price. The small producers are being affected by the withhold of investments. Why the government is still protecting the national rice in Japan ? There are to many interests such as lobbysts and cooperatives which earn benefits from the protection. * se-begin-to-question-rices-sacred-place.html?_r=3

Sources main.pdf?_tid=9ad174d8-dbde-11e4- 94b aab0f26&acdnat= _5b79329e c0c0 5d3625ccfc main.pdf?_tid=9ad174d8-dbde-11e4- 94b aab0f26&acdnat= _5b79329e c0c0 5d3625ccfc45