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Global Food Problems: A quick overview and economic perspective
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Global Food Problems: A quick overview and economic perspective
• In today’s world do we still have famines and starvation?
• What is chronic malnutrition and where does it occur?
• Is there an economic framework for assessing risk?
• Are there economic benefits of food security and nutritional wellbeing?
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Starvation
• Where?• Why?• Why not?
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Chronic malnutrition• Types• How many?• Where?
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Food Security is an economic concept
• Food security is “access by all people at all times to enough food for an active, healthy life.” Reutlinger et al. 1986
• {HH food consumption needs – HH food production} x Price of food ≤ Income and liquid assets available to purchase food– Global food supply and demand determine price
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There are economic -- in addition to humanitarian –benefits of food security
• Enhanced physiological capital is a major source of economic growth (Robert Fogel)– Due to improvements in nutrition and sanitation– Thermodynamic effect: more calories mean more
workers, and more intense effort– Physiological effect: more efficient conversion of energy into work output