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Trade Liberalisation: The Case of the Rice Market in Hong Kong  
 
Product Ref: 05/216C Company: N/A

Product Type: Case Industry: Retail & Wholesale

Related Product(s): Teaching Note
This case investigates the effects of liberalisation on the Hong Kong rice market in 2003 (ending forty-eight years of regulation). Prior to liberalisation, the government imposed import restrictions to stabilize prices and mandated maintenance of excess stock. Both the import quota system and the maintenance of stock implied a cost transferred to consumers. The case looks at government intervention that works against its objectives and transfers costs to consumers.
Functional Area : Economics & Business Policy

Issues: Import Quotas, Price Fluctuations, Government Intervention and Deregulation
Length: 21 pages Country: Hong Kong SAR

Pub. Year: 2005 Level of Difficulty: 2
         
This product type is available in the following language(s):      English
         
Related Information: N/A
 
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