Date Published:
Mar 29, 2017
Category:
Policy Notes
Focus Area(s):
Code:
PN 2017-07

This 2017, the Philippines' quantitative restriction (QR) on rice, which allows the government to limit the volume of rice that could be imported each year, will expire. As such, local rice producers are expected to suffer from the adverse effects of cheap rice imports. This Policy Note examines the impact of QR on rice imports and presents policy options for the Philippine government given the looming deadline for converting QR into tariffs. Among others, it finds that the rice trade policy in the Philippines is highly protectionist. As a result, the retail price of rice has been kept excessively above the world price, making rice less affordable to consumers. It recommends the adoption of tariffication, with revenues earmarked as safety net for rice farmers. It also suggests a 35-percent tariff rate as the appropriate tariff equivalent.

Citations

This publication has been cited 39 times

In the Media
  1. Albert, Jose Ramon, and Rashiel B. Velarde. 2018. More protection, attention to social pension for poor elderly Filipinos. Rappler.
  2. Arcalas, Jasper. 2017. What Filipinos should know about this thing called ‘QR’ . BusinessMirror.
  3. Arcalas, Jasper. 2017. Tariffication to give rice sector P27-billion safety net. BusinessMirror.
  4. Arcalas, Jasper. 2017. DA keen on season-based rice tariffs. BusinessMirror.
  5. Arcalas, Jasper Emmanuel Y., and Cai U. Ordinario . 2018. Villar pitches ‘perpetual’ rice fund once QR goes. BusinessMirror.
  6. Arcallas, Jasper. 2018. Senate bill aims to stop NFA from importing rice. BusinessMirror.
  7. Barcelo, Vito, Macon Ramos-Araneta, and Maricel Cruz. 2018. Oil tax hike put on hold–Palace. Manila Standard Today.
  8. Ben O. de Vera. 2017. Gov’t unit backs lifting of rice import quota, eyes 35% tariff. Philippine Daily Inquirer.
  9. Ben O. de Vera. 2017. NEDA chief disagrees with Piñol — Pernia favors private sector importation of rice to curb inflation. Philippine Daily Inquirer.
  10. Bulatalat. 2017. Rice importation is no solution to food security problems. Bulatalat.
  11. BusinessMirror. 2017. Congress must pass rice tariffication bill soon. BusinessMirror.
  12. Cai U. Ordinario & Jasper Emmanuel Y. Arcalas. 2017. Government holds off decision to import rice to fill gap. BusinessMirror.
  13. Czeriza Valencia. 2017. Proposed tariff on rice imports seen as safety net for farmers. Philippine Star.
  14. de Vera, Ben. 2017. DOF: Replacing rice import quota with 35% tariff to slash prices by P7 per kilo. Philippine Daily Inquirer.
  15. de Vera, Ben. 2017. Price Stabilization: 35% tariff on rice imports, overhaul of NFA pushed. Philippine Daily Inquirer.
  16. GMA News. 2018. Pass Rice Tariffication before TRAIN2. GMA News.
  17. Janina C. Lim. 2017. House bill filed seeking tariff regime for rice . BusinessWorld.
  18. Janina C. Lim. 2017. When the QR regime on rice expires, here’s what researchers think should take its place . BusinessWorld.
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  20. Jasper Y. Arcalas. 2017. Philippines continues to reckon with QR. BusinessMirror.
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  22. Javier, Emil. 2018. Decoupled payments as safety nets for rice farmers now. Manila Bulletin.
  23. Lina, Joey. 2017. Lifting of rice import quota: How beneficial will it be?. Manila Bulletin.
  24. Mangahas, Mahar. 2017. End the NFA monopoly!. Philippine Daily Inquirer.
  25. Manila Times. 2018. Rice tariffication measure is sound policy. Manila Times.
  26. Mendez, Isaac. 2018. Makukolekta mula sa rice tariff ibuhos sa mga magsasaka — Recto. Abante.
  27. Mendoza, Ronald, and Ayn G. Torres. 2019. Rice tariffication, good governance, and real food security. ABS-CBN.
  28. Ocampo, Karl. 2018. Consumers to gain from new rice policy (First of 2 parts). Philippine Daily Inquirer.
  29. Ocampo, Karl. 2019. Groups press safeguard duties on rice imports. Inquirer.
  30. Ordinario, Cai. 2019. National government urged to increase cash transfer to farmers. BusinessMirror.
  31. Ordinario, Cai, and Catherine Pillas. 2017. PHL to feel double-edged effect of weaker peso soon. BusinessMirror.
  32. Placido, Dharel. 2017. Philippines extends rice import quota for 3 years. ABS-CBN.
  33. Politiko. 2018. Farmers should benefit from rice tariffication – not government, says Recto. Politiko.
  34. Rappler. 2019. Gov’t should provide ‘offsetting compensation’ to farmers – PIDS study. Rappler.
  35. Reganit, Jose Cielito. 2018. Senate approves Rice Tariffication Bill on 3rd reading. Philippine News Agency.
  36. RMN News. 2018. IGINIIT | Gobyerno hindi dapat pagkakitaan ang rice tariffication — Sen. Recto. RMN News.
  37. Romeo L. Bernardo . 2017. Inflation risk from rice policy?. BusinessWorld.
  38. Valente, Catherine. 2017. Rice import quota extended for 3 yrs. Manila Times.
  39. Villanueva, JP. 2017. Unli-rice pa more? . SunStar Baguio.


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