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This paper explores the unaddressed question of how the large, complex paddy‐rice market in Bangladesh is able to transform itself and evolve, in the face of changing risks and incentives, into a better‐functioning market system. It notes significant but opposing trends over two decades in different areas, particularly in terms of market structure, trade circuits and exchange relations. Evidence of...
In Dhaka, the share of the less expensive coarse rice is shown to be rapidly decreasing in rice markets and it thus seems that the role of rice as only a cheap staple food is being redefined. The increasing demand for the more expensive varieties is seemingly associated with a more important off-farm food sector—in particular, milling, retailing, and branding—as well as a transformed milling industry...
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