FOOD SECURITY OF UKRAINE: ESTIMATION OF FACTORS’ IMPACT, POSTWAR TRENDS AND WAYS TO SUPPLY
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Published:2022-11-05
Issue:46
Volume:5
Page:427-437
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ISSN:2310-8770
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Container-title:Financial and credit activity problems of theory and practice
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language:
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Short-container-title:ФКДПТП
Author:
Lagodiienko VolodymyrORCID, Franchuk Vasyl, Dziurakh YuriiORCID, Melnyk StepanORCID, Shuprudko Nataliia, Hobela VolodymyrORCID
Abstract
The study aimed to determine Ukraine's food security level, and develop the main directions for its increase. To realize the research purpose several tasks were conducted. Firstly, to calculate Ukraine's Food Security Index and compare it with the average World and average European Food Security Index. Secondly, make a forecast of Ukraine's Food Security Index for the next 5 years, and assess its trends. Thirdly, to establish the main factors that have an impact on Ukraine's Food Security Index. Fourthly, to identify the main bottlenecks and, on the basis of these data, propose the main directions for increasing the level of Ukraine's food security.The global environmental crisis has significantly increased the risk of food insecurity in the world and the likelihood of famine in certain regions. Besides, Russia's war against Ukraine, which destroyed the supply chain infrastructure and exacerbated the problems of providing food to the population, updated the researched issues. Accordingly, the research aimed at identifying the "bottlenecks" of Ukraine's Food Security and developing directions for increasing its level.Based on the results of theoretical and empirical research, the main "bottlenecks" of the process of ensuring food security have been identified and directions for increasing its level have been established.The study carried out the calculation and forecasting of Ukraine's Food Security Index. Moreover, the paper proposed a method of determining the main "bottlenecks" of Ukraine's Food Security Index by assessing the influence of various factors. Based on the analysis, the study developed the main directions for increasing Ukraine's food security level.
Publisher
FinTechAlliance
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