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Agri-food chain in Romania – Vulnerabilities and Resilience to Shocks in the Crisis Context Induced by COVID-19 Pandemic

Author

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  • Mirela-Adriana RUSALI

    (Institute of Agricultural Economics, Romanian Academy, Bucharest)

Abstract

Recent evidence of the global impact of the Covid-19 pandemic has signaled unprecedented disruptions to food systems as a result of successive shocks to all segments of the food chain. In this context, the study addresses the analysis of the agri-food value chain in Romania and of the main sectoral economic and financial indicators. The results highlight imbalances and dysfunctions – i.e. the food supply chain is weakened by the highly fragmented agricultural sector; atomized processing & manufacturing enterprises and the economic and social fragility of small enterprises; low added value of the food industry compared to agriculture; chronic deficit of external performance – which require public and private efforts to increase the resilience of the agri-food sector.

Suggested Citation

  • Mirela-Adriana RUSALI, 2021. "Agri-food chain in Romania – Vulnerabilities and Resilience to Shocks in the Crisis Context Induced by COVID-19 Pandemic," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 18(1), pages 63-80.
    • Handle: RePEc:iag:reviea:v:18:y:2021:i:1:p:63-80
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    More about this item

    Keywords

    agri-food sector; covidemia; resilience; value chain;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • F15 - International Economics - - Trade - - - Economic Integration

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