TPP Or No TPP Japanese Agriculture Must Be Reformed
- Monday, August 19, 2013, 20:24
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In Japan the price of rice is supported by an 800% tariff, direct price supports and–most egregiously–the “genhan” system of mandated reduction in cultivated acreage. Government policy has focused on keeping prices high and keeping out imports–resulting in a great burden on consumers–rather than deregulating to lower costs that would also raise profits and strengthen competitiveness against imports while stimulating exports.
http://www.forbes.com/sites/stephenharner/2013/08/19/tpp-or-no-tpp-japanese-agriculture-must-be-reformed/