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Assessing The Socio-Economic Implications of Biotechnology-Enhanced Food Accessibility and Affordability

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  • Akanji A. R

    (Bingham University, Karu, Nasarawa State)

  • Umeakuana Chidinma Doris

    (National Biotechnology Research and Development Agency, Abuja)

Abstract

This research aimed to assess the socio-economic implications of biotechnology-enhanced food accessibility and affordability. The study focused on how biotechnological advancements, such as genetically modified crops and bio-fortified foods, influenced food systems and their potential benefits for various socio-economic groups. The methodology involved a comparative analysis of the cost differences in maintaining a healthy diet across regions with differing levels of biotech adoption, evaluating the affordability and availability of these foods, particularly for vulnerable populations. Key findings indicated that biotechnology significantly improved food production through higher yields and enhanced nutritional profiles, potentially reducing food costs and increasing availability. However, the economic impacts were complex and varied by region. The research highlighted that while biotechnology could reduce food insecurity and improve diet quality for lower-income groups, socio-economic factors such as income, education, and geographic location played crucial roles in accessing these benefits. The study underscored the need for policies to ensure equitable distribution of biotechnology benefits, addressing regional disparities and socio-economic inequalities to maximize the positive impact on food security and nutrition.

Suggested Citation

  • Akanji A. R & Umeakuana Chidinma Doris, 2024. "Assessing The Socio-Economic Implications of Biotechnology-Enhanced Food Accessibility and Affordability," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 11(7), pages 474-483, July.
    • Handle: RePEc:bjc:journl:v:11:y:2024:i:7:p:474-483
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    References listed on IDEAS

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    1. Daniel A. Mekonnen & Olutayo Adeyemi & Rachel Gilbert & Dare Akerele & Thom Achterbosch & Anna Herforth, 2023. "Affordability of healthy diets is associated with increased food systems performance in Nigeria: state-level analysis," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 11(1), pages 1-27, December.
    2. Kathelijne M.H.H. Bessems & Evelyne Linssen & Marion Lomme & Patricia Van Assema, 2020. "The Effectiveness of the Good Affordable Food Intervention for Adults with Low Socioeconomic Status and Small Incomes," IJERPH, MDPI, vol. 17(7), pages 1-15, April.
    3. Meron Lewis & Lisa-Maree Herron & Mark D. Chatfield & Ru Chyi Tan & Alana Dale & Stephen Nash & Amanda J. Lee, 2023. "Healthy Food Prices Increased More Than the Prices of Unhealthy Options during the COVID-19 Pandemic and Concurrent Challenges to the Food System," IJERPH, MDPI, vol. 20(4), pages 1-17, February.
    4. Matin Qaim, 2016. "Genetically Modified Crops and Agricultural Development," Palgrave Studies in Agricultural Economics and Food Policy, Palgrave Macmillan, number 978-1-137-40572-2, November.
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