Impact of COVID 19 and Russian Ukraine Conflict on Global Food Security

Impact of COVID 19 and Russian Ukraine Conflict on Global Food Security
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Total Pages : 0
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ISBN-10 : OCLC:1398460135
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Book Synopsis Impact of COVID 19 and Russian Ukraine Conflict on Global Food Security by : Naveen Tahir

Download or read book Impact of COVID 19 and Russian Ukraine Conflict on Global Food Security written by Naveen Tahir and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Russian Ukraine crisis poses an immense threat to the world's economy, which is already tangled in the shackles of the Covid-19 and the economic recovery seems to be happening slowly. The outbreak of Covid 19 was declared a pandemic and public health emergency. Rising inflation, unemployment and disrupted global supply chains were the already existing issues. At the same time, the Russian Ukraine Crisis has amplified all these economic challenges and the repercussions of this crisis are impacting the entire world. The current study draws attention to these issues by building a CGE framework. GTAP database was used and modified to simulate the twin challenges faced globally. The findings vindicate the loss of welfare, incomes, and consumption in all the regions and food sectors are mostly affected. Major sufferers include the MENA region's countries and some of the South Asian and Southeast Asian Economies. The policy implications suggested in the last can be a method of rescue and relief for the losses faced by the twin challenges in terms of food security.


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