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An Analysis of the Economic Determinants of Food Security in North Africa

Author

Listed:
  • Elena Kopnova

    (National Research University Higher School of Economics)

  • Lilia Rodionova

    (National Research University Higher School of Economics)

Abstract

This paper investigates the issue of food security as the basis for stable economic development using the example of North Africa. A statistical analysis of economic and financial factors in relation to the determinants of food security was carried out using a panel cointegrating model based on official international statistics of the Food and Agriculture Organization (FAO) and the World Bank for 1991-2014. According to the results, population growth and the intensification of agricultural production, foreign trade and foreign direct investment play a crucial role in food security. The study revealed the relationship between food security and the development of the banking and financial systems in the region, and their degree of globalization. The strategy of a long-term investment policy pursued by the World Bank and FAO to combat hunger and poverty was justified. The methodology proposed can be used to monitor and evaluate the effectiveness of policies to maintain food security in the regions of Arfica.

Suggested Citation

  • Elena Kopnova & Lilia Rodionova, 2017. "An Analysis of the Economic Determinants of Food Security in North Africa," HSE Working papers WP BRP 166/EC/2017, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:166/ec/2017
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    File URL: https://wp.hse.ru/data/2017/06/29/1171172419/166EC2017.pdf
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    References listed on IDEAS

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    Cited by:

    1. Cleopatra Oluseye Ibukun & Abayomi Ayinla Adebayo, 2021. "Household food security and the COVID‐19 pandemic in Nigeria," African Development Review, African Development Bank, vol. 33(S1), pages 75-87, April.

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    More about this item

    Keywords

    food security; financial institutions; financial markets; panel cointegration; time series analysis; economic indicators; statistical data; North Africa;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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