rice production was adopted in respect of oil seed crops such as sesame and groundnuts.
As will be described later, imports of edible oil increased dramatically after 1988. As a result,
the domestic edible oil price was lowered to a level close to that of the international price. On the
other hand, there was a remarkable increase in exports of pulses and beans, and before long, they
became Myanmar’s largest export item. In due course the domestic price of pulses increased quite
rapidly. Pulses and beans underwent a process of rapid adjustment with the international market
price. In this sense, the largest change that Myanmar agriculture has experienced since 1988 has
been departure from a closed trade regime, which had been isolating the domestic market from the
international market.
rice production was adopted in respect of oil seed crops such as sesame and groundnuts.As will be described later, imports of edible oil increased dramatically after 1988. As a result,the domestic edible oil price was lowered to a level close to that of the international price. On theother hand, there was a remarkable increase in exports of pulses and beans, and before long, theybecame Myanmar’s largest export item. In due course the domestic price of pulses increased quiterapidly. Pulses and beans underwent a process of rapid adjustment with the international marketprice. In this sense, the largest change that Myanmar agriculture has experienced since 1988 hasbeen departure from a closed trade regime, which had been isolating the domestic market from theinternational market.
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