Bangkok proposes fixing price of rice

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Updated May 1, 2008 19:42:30

Thailand's Prime Minister has come up with a proposal that's sure to horrify economists. Samak Sundaravej wants Mekong nations to form a cartel to fix the price of rice and strengthen their bargaining power on the world market.

Presenter: Joanna McCarthy
Speaker: Chris Baker, author of the UNDP's Thailand Human Development Report 2007.

• Tags:
• thailand
• food-and-cooking

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