The Application of the Minimum Food Security Quota in a Natural Disaster: The Case of Malaysia
Singapore Economic Review, Forthcoming
Posted: 18 Sep 2014
Date Written: September 17, 2014
The Minimum Food Security Quota (MFS-Quota) proposed by Ruiz Estrada (2010) evaluates and determines the food sustainability of a country in the event of a natural disaster. The primary objective of the MFS-Quota is to calculate the approximate amount of annual food storage that a country needs in order to subsist through a natural disaster. We apply the MFS-Quota to analyze Malaysia’s food storage and supply readiness in the face of a major natural disaster. Our analysis provides concrete and specific guidance for Malaysian policymakers to achieve food security during a natural disaster. More generally, our analysis shows that MFS-Quota can be a valuable tool for policymakers in their quest for food security.
Keywords: Food security, economic development, Malaysia
JEL Classification: B40
Suggested Citation: Suggested Citation