Agri-food chain in Romania – Vulnerabilities and Resilience to Shocks in the Crisis Context Induced by COVID-19 Pandemic
Mirela Rusali ()
Agricultural Economics and Rural Development, 2021, vol. 18, issue 1, 63-80
Abstract:
Recent evidence of the global impact of the Covid-19 pandemic has signaled unprecedented disruptions to food systems as a result of successive shocks to all segments of the food chain. In this context, the study addresses the analysis of the agri-food value chain in Romania and of the main sectoral economic and financial indicators. The results highlight imbalances and dysfunctions – i.e. the food supply chain is weakened by the highly fragmented agricultural sector; atomized processing & manufacturing enterprises and the economic and social fragility of small enterprises; low added value of the food industry compared to agriculture; chronic deficit of external performance – which require public and private efforts to increase the resilience of the agri-food sector.
Keywords: agri-food sector; covidemia; resilience; value chain (search for similar items in EconPapers)
JEL-codes: F15 L6 O1 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:18:y:2021:i:1:p:63-80
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