Rooting Out the Rent Seekers
Government’s plan to transfer licenses for the import of refined sugar directly to the industries that use it has been held up at the ministerial level, even though it could reduce rent-seeking.
Tempo
November 16, 2020
THE disagreements over the procedures for importing refined sugar for industrial needs must be quickly resolved. If not, the supply of sugar for the production of food and drinks could be delayed and prices could rise out of control. The government should ensure that the import scheme is oriented towards efficiency and the reduction of production costs, not towards providing even more opportunities for the entry of rent seekers in the supply of t
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