| Description: |
Asia's maize economy has expanded significantly. This study covers seven Asian countries, namely China, India, Indonesia, Nepal, the Philippines, Thailand, and Vietnam. It reviews the production, consumption and trade in maize in Asia. It highlights the policy environment in each country, and analyses the incentives for maize producers. |
| Synopsis: |
Over the past several decades Asia's maize economy has expanded significantly, and in recent years Asia's share of maize production has risen more rapidly. It is poised to grow even further, owing to direct and indirect demand generated from the region's burgeoning animal feed and industrial sectors. This study covers seven Asian countries, namely China, India, Indonesia, Nepal, the Philippines, Thailand, and Vietnam. Together, these countries generate over 90 per cent of Asia's maize production, and a quarter of the world's maize supply. The basic objectives of the study were to: review the production, consumption and trade in maize in Asia; highlight the policy environment in each country; analyse the incentives available for maize producers; and forecast the nature of the maize economy in Asia in 2025.In recent years there has been no comprehensive study of maize policies in Asia. This book has emerged from a broader collaboration between CIMMYT, IFPRI, IFAD and seven Asian NARS (National Agricultural Research Systems) aimed at gaining a better understanding of the maize policy environment in Asia.As national policy making and global trade regimes become increasingly more dynamic and diverse, this book will foster constructive dialogue, and serve as a guide to policymakers in the region in their efforts to craft more effective and equitable policies for maize in Asia, and the world in general.The maize economy is one of the fastest growing agricultural sectors in the world, with major engine of growth being the demand for feed in the Asian region. Such rapid growth of the Asian maize economy is a major potential source of national economic growth and of significant poverty reduction, and thus warrants closer analysis to underpin policy dialogue.This study covers seven Asian countries that, together, represent over 90 per cent of maize production in Asia and one quarter of the global supply: China, India, Indonesia, Nepal, the Philippines, Thailand, and Vietnam. In recent years there has been no other comprehensive study of the maize policies in Asia and it is hoped that the book will shed light on the complex, and in places, distorted maize economy in Asia. |