Bilateral Trade and Food Security

Date: September 2013
Type: Papers and Briefs
Subject:
Series: Economics Working Papers
ISSN: 1655-5252 (print)
Author: Brooks, Douglas H.; Ferrarini, Benno; Go, Eugenia C.

Description

The authors analyze the relationship between food security and trade, focusing on food importers’ exposure to sudden market failures from relying on a narrow range of international suppliers. They compute a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another for food imports. Food trade maps are drawn by the application of a force-directed algorithm that sorts through computed BIPIs and maps the nodes corresponding to the strength of bilateral ties between country pairs, thereby showing importers’ vulnerabilities to disruptions in bilateral channels. Results suggest that measures aimed at diversifying supply sources reduce vulnerability.

See also:

Food Security in Asia and the Pacific
Rice Trade and Price Volatility: Implications on ASEAN and Global Food Security
Poverty and Food Security in India
Examining the Determinants of Food Prices in Developing Asia
Safety Nets and Food Programs in Asia: A Comparative Perspective
International Trade and Risk Sharing in the Global Rice Market: The Impact of Foreign and Domestic Supply Shocks
International Transmission of Food Prices and Volatilities: A Panel Analysis
Food Prices and Population Health in Developing Countries: An Investigation of the Effects of the Food Crisis Using a Panel Analysis
The Transformation of Rice Value Chains in Bangladesh and India: Implications for Food Security
Overcoming Critical Constraints to Sustaining Productivity Growth in Key Commodities of Asia and the Pacific

Contents

  • Abstract
  • Introduction
  • The Role of Trade in Food Security
  • Mapping Food Trade
  • Policies Toward Reducing Vulnerability
  • Conclusions
  • Appendixes
  • References