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Dynamics of Multidimensional Food Security in Azerbaijan

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  • Ragif Huseynov

Abstract

This study explores the size of the dynamics of multidimensional factors on food security status, which gives deep understanding to decision and policymakers. The multidimensional food security index was constructed by using diverse indicators based on food security pillars (availability, access, utilization, stability). PCA analysis was used to construct multi-dimensional food security approach by using the 16 diverse indicators. Ranking of Azerbaijan’s based on multidimensional food security in 2017-18 obtained in the present study does not correspond with ranking given by the Global Food Security Index (GFSI) due to the more diverse and broad spectrum indicators used in this study. However, it provides deeper insight into food utilization and stability dimensions. In Azerbaijan fluctuations in the food security situation was the outcome of various factors, such as food price shocks, low agricultural production, and deprecation of domestic currency, climate change and rise in oil prices. This study suggests that there is urgent need to develop a concrete and comprehensive broad-spectrum food security policy. Based on our findings, further studies should be focused on advocating for a well-targeted policy that could overcome the gap in food security caused by multidimensional factors.

Suggested Citation

  • Ragif Huseynov, 2020. "Dynamics of Multidimensional Food Security in Azerbaijan," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 44-50, March.
  • Handle: RePEc:khe:scajes:v:6:y:2020:i:1:p:44-50
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    References listed on IDEAS

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    More about this item

    Keywords

    Food availability; food access; food utilization; food stability; Azerbaijan;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

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