GLOBAL RICE ECONOMY: LONG-TERM PERSPECTIVES 1/

The growth in rice consumption has started slowing down because of urbanization, increases in per capita income leading to diversification of the diet, high levels of rice consumption already reached in many countries, and progress in reducing population growth. But, the growth in rice supply has also slowed down because of the yield approaching economic optimum for the irrigated ecosystem, decline in relative profitability of rice cultivation,...