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Global assessment of climate change and trade on food security

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  • Aggarwal, Sakshi

Abstract

The rise in global trade has led to improvements in the standard of living and lifted many out of poverty, but not all countries have been able to fully integrate into the world trading system due to lack of resources. Access to food supplies is critical for those with inadequate access to food for sustainable consumption. The evolving trade dynamics and climate change will result in winners and losers for the global food system, with some regions experiencing double exposure to economic and climate-related shocks and stressors. Trade openness can significantly reduce vulnerabilities and enhance food security, if necessary, infrastructure is in place. Although global trade can play a crucial role in ensuring that the global food system adapts to a changing climate, this potential will only be realized if trade is managed to maximize the benefits of broadened access to new markets and minimize the risks of increased exposure to international competition and market volatility. For regions like Africa, enhanced transportation networks, combined with greater national reserves of cash and enhanced social safety nets, could reduce the impact of double exposure on food security.

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  • Aggarwal, Sakshi, 2023. "Global assessment of climate change and trade on food security," MPRA Paper 117152, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:117152
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    Cited by:

    1. Aggarwal, Sakshi, 2023. "Intra-industry trade: Revisiting theory and Literature Survey," MPRA Paper 117182, University Library of Munich, Germany.
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    More about this item

    Keywords

    International trade; food security; climate change;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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