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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Dayuhan who wrote (8110)2/25/1999 3:28:00 PM
From: Stitch  Respond to of 9980
 
Steven;
<<I don't know much about the dynamics of agricultural production in Malaysia, but the migration to urban jobs suggests that it is not very remunerative. Is their any reason why producing food should generate less economic reward than producing consumer goods? Why is it so difficult - in many cases nearly impossible - for the farmer to enter the middle class? Surely the demand and need for the goods they produce is as real as that for the goods produced by the industrial worker.>>

In Malaysia there has been much talk of agrarian reform but little in the way of action that I can discern. You are quite right in assuming that Malaysia does little in the way of production to support its own rice consumption and imports primarily from Thailand. In addition there are price controls on rice here. So I suspect this is just one more case of market dithering that will blow up one day. However, I have to confess ignorance on the real numbers.

Best,
Stitch