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How Trade Can Boost Food Security

In: Agricultural Trade, Policy Reforms, and Global Food Security

Author

Listed:
  • Kym Anderson

    (University of Adelaide
    Australian National University)

Abstract

Openness of each national economy to international trade and investment optimizes the use of resources devoted to producing the world’s food, maximizes real incomes globally, and minimizes fluctuations in international food prices and quantities traded. It thereby contributes to three components of food security: availability, access, and market stability. It should therefore be considered among the food policy options of national governments, as it can reduce poverty, hunger, and under-nutrition; boost diet diversity, food quality, and food safety; and thus boost national and global food security. These gains derive not just from the fact that openness enables citizens to consume more of everything, including food, but also from the fact that openness to trade can raise an economy’s growth rate.

Suggested Citation

  • Kym Anderson, 2016. "How Trade Can Boost Food Security," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Trade, Policy Reforms, and Global Food Security, chapter 0, pages 19-38, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-1-137-46925-0_2
    DOI: 10.1057/978-1-137-46925-0_2
    as

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