CHALLENGES FOR THE WHEAT MARKET IN THE BLACK SEA REGION UNDER CОVID-19

Desislava Ivanova ()
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Desislava Ivanova: University of Economics - Varna

AGRIBUSINESS AND RURAL AREAS - ECONOMY, INNOVATION AND GROWTH 2021 CONFERENCE PROCEEDINGS, 2021, issue 1, 144-151

Abstract: Under COVID-19, the world is facing unclear circumstances as a result of the global political, economic, social and financial recession caused by the pandemic. The overpopulation of certain regions as a result of globalization leads to problems related to the nutrition of the population and food security. The Black Sea region, with its strategic location, is an essential market both for the production and for the supply of raw materials to the regions affected by poverty and also for the international grain trade and in particular for the wheat. The report presents the main trends in the wheat market within the Black Sea region and argues the problems and challenges, which the grain trade is facing after the beginning of the COVID- 19 pandemic.

Keywords: Black-Sea region; recession; quota regime; food security; grain commodities (search for similar items in EconPapers)
JEL-codes: Q11 Q13 Q17 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vra:pr2106:y:2021:i:1:p:144-151

DOI: 10.36997/ARA2021.144

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