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Constraints to Food Security: The Philippine Case

Author

Listed:
  • David, Cristina C.
Abstract
Over the past two decades, the Philippine economic growth has been erratic and lower than most developing countries in Asia. The agriculture sector has not performed well since 1980s, hence losing its comparative advantage. Recommendations of Congressional Commission on Agricultural Modernization is adopted through the Agricultural and Fisheries Modernization Act which spells out the need for policy and institutional reforms and setting up of public expenditures program. High food prices affect the food security of the large majority of the poor and distorted price incentives lead to lower sectoral and economy wide income. To address market failure in the agriculture sector, there is therefore a need to implement appropriate policies with respect to trade and exchange rate policies, financial markets, intellectual property rights and biosafety. In addition, the paper cites the need for a cost-effective public expenditure programs in research and extension, irrigation and market infrastructure. Efficient institutional frameworks for property rights and government bureaucracy are also suggested.

Suggested Citation

  • David, Cristina C., 1999. "Constraints to Food Security: The Philippine Case," Discussion Papers DP 1999-31, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1999-31
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    References listed on IDEAS

    as
    1. Tyers,Rod & Anderson,Kym, 2011. "Disarray in World Food Markets," Cambridge Books, Cambridge University Press, number 9780521172318, September.
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    Cited by:

    1. World Bank, 2000. "Philippines - Growth with Equity : The Remaining Agenda - A World Bank Social and Structural Review," World Bank Publications - Reports 15142, The World Bank Group.
    2. Bello, Amelia L., 2004. "Food Security, Agricultural Efficiency and Regional Integration," Discussion Papers DP 2004-38, Philippine Institute for Development Studies.
    3. Bello, Amelia L., 2005. "Ensuring Food Security - A Case for ASEAN Integration," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 2(1-2), pages 1-22, December.

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    More about this item

    Keywords

    agriculture sector; food price stability;

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    1. Socio-economics of Fisheries and Aquaculture

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