STRENGTHS AND WEAKNESSES OF ROMANIA’S FOOD SECURITY IN THE EUROPEAN AND GLOBAL CONTEXT

Virginia Campeanu

Revista de Economie Mondiala / The Journal of Global Economics, 2019, vol. 11, issue 2, 64-83

Abstract: Ensuring food security for all European citizens at reasonable prices for consumers has been the main reason for the adoption and functioning of the EU Common Agricultural Policy (CAP) over the last 60 years. In view of preparing the EU budget for the next multiannual financial framework 2021-2027, food security has become the strongest argument for those who continue to call for the protection and financial support of agriculture through the CAP. Romania is an important contributor to EU agriculture, and also a beneficiary of financial support for the agricultural sector. Our analysis aims to: (1) reveal progress made by Romania concerning food security, as well as the factors of influence and risk; and (2) identify the strengths and weaknesses of Romania’s food security in the European and global context. The importance of analyzing food security in Romania and 4 other Central and Eastern European EU countries stems from identifying the positive and negative impact factors and providing key elements for the Romanian decision makers involved in devising policies and strategies in this field.

Keywords: agriculture: aggregate supply-demand analysis; food security; CAP; Romania (search for similar items in EconPapers)
JEL-codes: F52 Q11 Q18 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:11:y:2019:i:2:p:64-83

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