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Is a Food Shortage Coming to the Western Balkans?
Tatjana Brankov1, Bojan Matkovski1
1Department of Agricultural Economics and Agribusiness, Faculty of Economics in Subotica, University of Novi Sad, 24000 Subotica, Serbia.
Abstract:
In the wake of the international food crisis, many countries are paying more attention to food self-sufficiency to protect themselves from instability in the global food markets. Western Balkan region and the rest of the world are facing an array of challenges, including inflation and rising food prices. Recognizing the importance of producing sufficient food to cover a country's needs in circumstances of increasing risk of trade disruptions due to war or political tensions, this article aims to find the level of food self-sufficiency in the Western Balkan countries. The self-sufficiency ratio is calculated for different food groups and individual products over a 14-year period (2006-2019) based on the FAO data and calculation method. Also, using panel data, the impact of different factors-arable land, rural population, fertilizers efficiency, temperature change, precipitation, and GDP per capita change-on cereals self-sufficiency is estimated. Results showed that in the covered pre-crisis period, the Western Balkans achieved a satisfactory level of food self-sufficiency, suggesting that the region is ready to respond to future challenges. Four indicators positively and significantly affect cereal self-sufficiency: arable land, rural population, fertilizers efficiency and GDP per capita change, while one indicator-temperature change-had a negative and significant effect. This article can serve as a basis for post-crisis research on the topic.
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