Management of New Risks in Economic and Food Security

Abstract

The article examines the consequences of the coronavirus in the form of a system of risks. The main goal of the study is assessment the risks of economic food security at post-COVID period. System, institutional and comparative analysis were used as methods of research. There are five types of risks in the research. We assessed monopolization in breeding, seed production and chemicalization, lockdown and value chain disruptions, increasing income inequality, food inflation, and climate changes. The introduction to the theory of nondestructive development and non-aggressive coexistence is described in the article. The authors propose a concept of non-destructive development, in which a special place is given to respect for nature, reducing aggressiveness between countries, reducing the monopolization of breeding and seed production, and reducing income inequality around the world. The monopolization of breeding and seed production is of particular concern, as it can lead to a decrease in food availability and a decrease in food security and independence. The gaps in the value chains due to the lockdown have already led to a decrease in the availability of food in individual countries. A further food crisis must not be allowed as it is fraught with social upheaval. The authors insist on the need to reduce aggression in the world, since a post-like revival of the economy is impossible in an unfavorable political situation in the world.