Abstract

The paper considers the risks of the growth of the food crisis in the world economy in connection with the invasion of the troops of the Russian Federation on the territory of Ukraine. Food security in the world economy system is a strategic goal that all countries of the world strive to achieve, as it is related to their national security. Production, distribution and consumption of food are the most important elements of the functioning of the world economic system. Problems in the functioning of the global agri-food system, in particular, high prices for agricultural products, unsatisfactory quality of material and technical means for agricultural production, negative socio-economic consequences of the COVID-19 pandemic, population growth, climate change, loss of biodiversity, etc. disrupt food security and cause existence of such a problem in the system of the world economy as the food crisis. To this day, the specified problem is one of the most serious problems that concern the world civilization and the countries of the world in the conditions of the growth of modern global threats. The invasion of the troops of the Russian Federation on the territory of Ukraine has significantly shaken the state of food security in the world economy and contributes to the growth of the food crisis, since Ukraine and Russian Federation are key agricultural players in the global market, as well as major suppliers of major agricultural commodities including wheat, corn and sunflower oil, while Russia is the world’s largest exporter of fertilizer. Russia’s unjustified war against Ukraine has already caused irreparable losses, but there is a high probability of starvation for a large part of the country’s population due to prolonged military operations on the territory of Ukraine, as a number of regions are highly dependent on imports from Ukraine. The longer the Russian-Ukrainian war will last, the more real the danger of disruption or complete cessation of food supply becomes, not only within the borders of Ukraine and the region, but also throughout the world. If the war is not stopped and adequate measures are not taken, the consequences for the poorest sections of the population will be catastrophic.

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