The Application of the Minimum Food Security Quota in Response to a Potential Natural Disaster: The Case of Malaysia
Singapore Economic Review, Vol. 60, No. 4, 2015
Posted: 12 Nov 2015
Date Written: November 10, 2015
Following the Minimum Food Security Quota (MFS-Quota) proposed by Ruiz Estrada (2010) to evaluate and determine the food sustainability of any given country in the event of any natural disaster, this paper sets out to apply the MFS-Quota to test Malaysia’s food storage and supply readiness for any potential natural disaster that may critically affect the socio-economic and political well-being of the country. The primary objective of the MFS-Quota is to calculate the approximate amount of annual food storage that any country needs in order to subsist through any potential natural disaster. As such, any country could build its own MFS-Quota based on its agriculture production system(s) and national food policy focus.
Keywords: Food security; economic development; Malaysia
JEL Classification: B40
Suggested Citation: Suggested Citation