Romanian Agricultural Potential- Between Food Security and Price Volatility

Abstract:

Food security refers to food availability and access. A farm family or household, or any other form of organization would be considered as safe and food safe only when its occupants do not live in hunger or fear of starvation.  According to The United Nations Food and Agriculture FAO and World Resources Institute, global per capita food production has increased substantially in recent decades, but contrary to these calculations a total of about 1.26 billion people suffer chronic hunger because of extreme poverty, while over 2 billion people are food insecure state and six million children die of hunger each year - (17,000 daily) because of malnutrition. ( FAO, 2011).

Two commonly used definitions of food security are issued by  United Nations Food and Agriculture Organization (FAO) and respectively U.S. Department for Agriculture (USDA): food security exists when all people, at all times, have physical access, social and economically sufficient safe and nutritious food to meet the needs their dietary and food preferences for an active and healthy life. For family food security means access by all members at all times enough food for an active and healthy life. Food security includes a minimum immediate availability of nutritious foods adequate and safe but also to ensure the ability to acquire acceptable foods in ways socially acceptable (without resorting to emergency food supplies by scavenging, stealing, or other coping strategies).  

Given the recent global economic crisis shows us that the extreme volatility of prices will directly affect global food security, more so due to over-production in some parts of the world and lack of food in other areas of world, could generate a different crisis, much worse - the global food crisis.

In the past three years, under the impact of the crisis system faced by the global community, issues related to food security worsened. For Romania predictions are no longer needed regarding the occurrence of a food crisis because its high population is affected by this phenomenon. Increasingly precarious food security is not a result of lack of food, so far, but the decreased power purchase, usually generated by least four factors: adjusting wages, increased VAT recalculating pensions and taxation and rising inflation. Mentioned factors contribute, substantially to reducing consumption, both in quantity and quality, to food prices volatility, reduced consumption, while increasing substantially the imports.

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