How Trade Can Boost Food Security

Kym Anderson

Chapter Chapter 2 in Agricultural Trade, Policy Reforms, and Global Food Security, 2016, pp 19-38 from Palgrave Macmillan

Abstract: Abstract Openness of each national economy to international trade and investment optimizes the use of resources devoted to producing the world’s food, maximizes real incomes globally, and minimizes fluctuations in international food prices and quantities traded. It thereby contributes to three components of food security: availability, access, and market stability. It should therefore be considered among the food policy options of national governments, as it can reduce poverty, hunger, and under-nutrition; boost diet diversity, food quality, and food safety; and thus boost national and global food security. These gains derive not just from the fact that openness enables citizens to consume more of everything, including food, but also from the fact that openness to trade can raise an economy’s growth rate.

Keywords: Food Security; Food Insecurity; Total Factor Productivity; Trade Liberalization; Welfare Gain (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psachp:978-1-137-46925-0_2

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DOI: 10.1057/978-1-137-46925-0_2

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