Plunging into Food Insecurity
The report attempts to understand the implications of multilateral agricultural liberalisation on a food security situation of net-food importing developing country. Food security depends on an adequate supply, distribution, and access to appropriate level food for every individual. It is function of intricate social, cultural, economic, and political relationships that differ enormously from place to place and over time. While affordability is a function of price and earning, the fluctuation of market price of food grain has implications on the food affordability by the poor. The WTO negotiations will leave it marks relating to prices of agricultural commodities in the course of elimination of export subsidy by developed countries by 2013.