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Analyzing the Importance of Food Security for the Romanian Economy

Author

Listed:
  • Bogdan Bazgă
  • Ioan-Radu Petrariu

Abstract

In this research, there will be analyzed the importance of food security for the Romania's agriculture and Romanian economy. For Romania, the agriculture it is one of the most important sectors - a powerful engine of economic development, given the particular potential of our country's agriculture. Sustainable development of the national economy in the next decade can be achieved only by making maximum use of agriculture, the right balance for agriculture prices for all commodities – price volatility, food processing and distribution system. Food security depends on giving the people the proper nutritious and healthy goods that enable them to develop social, political and economic activities.

Suggested Citation

  • Bogdan Bazgă & Ioan-Radu Petrariu, 2019. "Analyzing the Importance of Food Security for the Romanian Economy," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 22(74), pages 114-127, December.
  • Handle: RePEc:rej:journl:v:22:y:2019:i:74:p:114-127
    as

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    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2019-12-20/3587/7bazgapetrariu.pdf
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    References listed on IDEAS

    as
    1. Cassman, K. G. & Harwood, R. R., 1995. "The nature of agricultural systems: food security and environmental balance," Food Policy, Elsevier, vol. 20(5), pages 439-454, October.
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    More about this item

    Keywords

    agricultural commodities; price volatility; food security; Agriculture; sustainable development;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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