DRN Vol. 39 No.3
'Reexamine SHS Programs Employment and Entrepreneurial Objectives'
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework

PIDS WB 2021-0905
Annual Public Policy Conference Webinar 4: Robust and Healthy Workforce and Closing Program
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
Publication Detail
PN 2018-09: Options for Reform of the National Food Authority

Given the recent developments in the international rice markets, the relevance of the original mandate of National Food Authority (NFA) as a regulatory agency is now questionable. NFA-induced distortions have prevented the private sector from maintaining sufficient inventory to head off price spikes. The sooner the distortions are removed, the better for stability of rice prices. This Policy Note discusses the options for NFA reform, namely, the status quo, decoupling with government-owned stocks, and decoupling with government-controlled stocks. The study recommends the adoption of the third option, where the private sector owns stocks but is contracted to sell them to NFA in the event of emergency at market price. However, transitioning to this involves a wider private sector development thrust, aimed at setting up of mandatory rice grades and standards, establishment of a warehouse receipt system, and upgrading of the value chain. The Philippine Competition Commission is urged to consistently enforce fair competition in the rice market to prevent large traders to manipulate the market price, particularly during events of supply shortage.

Philippine Institute for Development Studies
Authors Keywords
Briones, Roehlano M.; Philippines; Philippine Competition Commission; National Food Authority; NFA; NFA mandate; rice market; rice price; rice stocks;
Download PDF Number of Downloads
Published in 2018 and available in the PIDS Library or Downloaded 639 times since October 16, 2018
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.