The Application of the Minimum Food Security Quota (MFS-Quota) in the Case of Malaysia
10 Pages Posted: 12 Apr 2012
Date Written: April 11, 2012
This paper proposes the construction of the Minimum Food Security Quota (MFS-Quota) using mathematical economic modeling in real time. The MFS-Quota fixes a certain amount of annual food storage to prepare a country for any natural or social disasters. Any country can construct its own MFS-Quota for “food security policy”. This paper applied the MFS-Quota in the case of Malaysia.
Keywords: Food security, economic development, Malaysia
JEL Classification: B40
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