Asian countries face food security issues
Jan 26, 2011
According to the Nomura Food Vulnerability Index (NFVI), Asian countries such as Bangladesh, Pakistan, Sri Lanka, India and China will face the greatest food security challenges in the next century, reports TheNews.com.pk.
The NFVI uses a scale that measures water scarcity, prevalence of drought or natural disaster, and growing population levels to come to a conclusion about a nation's vulnerability to food scarcity. The index also takes into account a country's per capita incomes, household spending on food and their consumption as well as the food imports/exports and how they are distributed.
"Countries that experience a steep rise in food prices may experience a sharp decline in GDP growth, a surge in CPI inflation, worsening finances, higher interest rates, a depreciating currency and widening credit spreads, " according to the recent NFVI report.
The hope for these countries is to move to a more sustainable farming system to maximize water supply and increase food production. As populations surge, countries such as China and India will have to take a leadership role in adjusting to the food security issues of the 21st century.
According to the U.N.'s Food and Agricultural Organization, one in twelve people worldwide is malnourished.