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Sustainable Food Security: Floating Balance of Markets

Author

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  • Evgeny A. Kuzmin

    (Institute of Economics of the Urals Branch of the Russian Academy of Sciences, St. Moskovskaya, 29, Ekaterinburg, 620014, Russian Federation.)

Abstract

The paper deals with pressing issues in food security. The research focus is on defined specifics of a price factors' influence on a balance in a market. The paper specifies features of food security and there is a conclusion of its division into static and dynamic. The subsequent development of ideas on dynamic security has led to a defined floating balance, when the market due to its movement inertia crosses an equilibrium point, from a condition of relative deficit to an account surplus of supply and demand, and vice versa. With an analytical review of known scientific approaches, in the paper, there is an assumption that any national food market is more subject to price volatility than the global market. These and other features have allowed finding a number of sustainable regularities in an influence of changes to prices upon a status of security.

Suggested Citation

  • Evgeny A. Kuzmin, 2016. "Sustainable Food Security: Floating Balance of Markets," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 37-44.
  • Handle: RePEc:eco:journ1:2016-01-06
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    References listed on IDEAS

    as
    1. Manoj Panda & A. Ganesh-Kumar, 2008. "Trade Liberalization, Poverty and Food Security in India," Trade Working Papers 22410, East Asian Bureau of Economic Research.
    2. Zezza, Alberto & Davis, Benjamin & Azzarri, Carlo & Covarrubias, Katia & Tasciotti, Luca & Anríquez, Gustavo, 2008. "The impact of rising food prices on the poor," ESA Working Papers 289027, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    3. Evgeny A. Kuzmin, 2016. "Sustainable Food Security: Floating Balance of Markets," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 37-44.
    4. Kuzmin, Evgeny, 2015. "Food Security Modelling," MPRA Paper 67029, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Alexander M. Zobov & Ekaterina A. Degtereva & Veronica Yu. Chernova & Vasily S. Starostin, 2017. "Comparative Analysis of the Best Practices in the Economic Policy of Import Substitution," European Research Studies Journal, European Research Studies Journal, vol. 0(2A), pages 507-520.
    2. Veronika Yu. Chernova & Alexander M. Zobov & Vasily S. Starostin & Galina V. Butkovskaya, 2017. "Sustainable marketing communication strategies of Russian companies under the import substitution policy," Post-Print hal-01705739, HAL.
    3. Veronika Yu. Chernova & Veronika Yu. Chernova & Alexander M. Zobov & Ekaterina A. Degtereva & Vasily S. Starostin & Inna V. Andronova, 2020. "Sustainable economy: evaluation of food self-sufficiency in Russia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1541-1554, March.
    4. V.Yu. Chernova & B.A. Kheyfets, 2018. "Tools for Estimating the Effectiveness of Import-Substituting Modernization: Case in the Agriculture of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 179-191.
    5. Veronika Yu. Chernova & Alexander M. Zobov & Vasily S. Starostin & Galina V. Butkovskaya, 2017. "Sustainable marketing communication strategies of Russian companies under the import substitution policy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(2), pages 223-230, December.
    6. Evgeny A. Kuzmin, 2016. "Sustainable Food Security: Floating Balance of Markets," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 37-44.
    7. Georgi N. Todorov & Oleg M. Barbakov & Natalya I. Nikitina & Veronica Yu. Chernova, 2018. "Specifics in Modeling of Energy Efficient Production in Agribusiness," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 51-57.
    8. Alina Simona Tecau & Cristina Dimitriu & Nicolae Marinescu & Bianca Tescasiu & Gheorghe Epuran, 2020. "A Qualitative Research on the Food Security of School Children in the Rural Area," Sustainability, MDPI, vol. 12(21), pages 1-13, October.

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    More about this item

    Keywords

    Food Security; Price Factors; Market Equilibrium and Balance; Risks; Uncertainty; Self-organization;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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