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Reforming and Transforming the Global Food Industry: Solutions and Directions

Author

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  • Alexandru Burda

    (Dimitrie Cantemir Christian University, Faculty of Tourism and Commercial Management, Bucharest, Romania)

Abstract

The year 2007 has been a turning point in the development of agrifood markets. The sudden price raise caused a global crisis in meeting the food demand of a large part of the world's population. In this context, many specialists claimed the need to reform and transform the world food sector, which gives signs of serious malfunctioning, with a focus on solving problems such as harnessing energy and water resources, protecting and integrating biodiversity, meeting the food demands of a constantly increasing urban population, reshuffling distribution channels and cutting their expenses, and last but not least increasing consumer involvement. Finding new solutions to these problems will allow us to pass to a world food system that relies on a sustainable and durable basis.

Suggested Citation

  • Alexandru Burda, 2012. "Reforming and Transforming the Global Food Industry: Solutions and Directions," The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series, Faculty of Management in Tourism and Commerce Bucharest, "Dimitrie Cantemir" Christian University, Bucharest, Romania, vol. 4(1), pages 48-60, June.
    • Handle: RePEc:dcc:adcect:v:4:y:2012:i:1:p:48-60
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    More about this item

    Keywords

    foodstuff; consumer; sustainable; resources; biodiversity;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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