Economy / Cambodia
Cambodia
April 2008 | Ratings UpdatePrime Minister Hun Sen has urged dry-season rice farmers to keep sufficient rice supply to satisfy their own demand before selling any surplus amid the recent surge in the price of rice. The price of rice has more than doubled in the past year, and this is putting an increasing strain on living conditions for hundreds of millions of people across large swathes of Asia. We see the growing mismatch between supply and demand of rice continuing to be a prime driver of inflation in lower-income Asian countries in the short-to-medium term, constituting a threat to both economic and political stability.
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