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An Analysis of the COVID-19 and rice-based food security in Asia

Author

Listed:
  • Balié, Jean
  • Valera, Harold Glenn
  • Pede, Valerien

Abstract

This paper examines the main channels through which the COVID-19 health crisis could affect the rice-based food security in Asia. We highlight three major channels that require monitoring in the medium term: (i) shortage and/or rising labor cost, especially in low-mechanization countries, (ii) logistics, and (iii) capital flow or shortage of liquidity to the agricultural sector. We also document that the rice market fundamentals were robust, at least at the onset of the COVID-19 health crisis. However, we argue that the COVID-19 health crisis could impact food access, and more particularly rice demand, mainly because: the traditional distribution and logistics channels have been disrupted; employment has declined, and incomes have been suppressed; and food prices have already been negatively impacted in many countries.

Suggested Citation

  • Balié, Jean & Valera, Harold Glenn & Pede, Valerien, 2020. "An Analysis of the COVID-19 and rice-based food security in Asia," MPRA Paper 123690, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:123690
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    File URL: https://mpra.ub.uni-muenchen.de/123690/1/MPRA_paper_123690.pdf
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    References listed on IDEAS

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    3. Hoang, Hoa K. & Meyers, William H., 2015. "Price stabilization and impacts of trade liberalization in the Southeast Asian rice market," Food Policy, Elsevier, vol. 57(C), pages 26-39.
    4. Shenggen Fan & Wei Si & Yumei Zhang, 2020. "How to prevent a global food and nutrition security crisis under COVID-19?," China Agricultural Economic Review, Emerald Group Publishing Limited, vol. 12(3), pages 471-480, June.
    5. Shenggen Fan & Wei Si & Yumei Zhang, 2020. "How to prevent a global food and nutrition security crisis under COVID-19?," China Agricultural Economic Review, Emerald Group Publishing Limited, vol. 12(3), pages 471-480, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    COVID-19; food security; economic slowdown; rice export ban; rice prices; Asia;
    All these keywords.

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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