Risk Mitigation in Agriculture in Support of COVID-19 Crisis Management

Leybert, Boris M.; Shmaliy, Oksana V.; Gornostaeva, Zhanna V.; Mironova, Daria

doi:10.3390/risks11050092

Risks

2023

DOI: 10.3390/risks11050092

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Risk Mitigation in Agriculture in Support of COVID-19 Crisis Management

Boris M. Leybert

Oksana V. Shmaliy

Zhanna V. Gornostaeva

et al.

Abstract: The main focus of this article is the problem of exacerbating agricultural risks in the context of the COVID-19 crisis, which started against the background of the novel coronavirus (COVID-19) pandemic. The motivation for conducting the research presented in this article was the desire to increase the resilience of agricultural companies to economic crises. This paper is aimed at studying the Russian experience of changing the production and financial risks of agricultural companies during the COVID-19 crisis,… Show more

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Cited by 3 publications

References 54 publications

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Plant biodiversity assessment of locally cultivated crops and household food security in Northern Iran

Shirazi,

Khoshbakht,

Mahmoudi

2024

Agric & Food Secur

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Background Locally cultivated crops play an important role in the food security. The biodiversity of these crops can be important for the livelihood of households in current and future generations. This research aims to study the socio-economic, agronomic, and ecological aspects which contribute to the maintenance of crop diversification and food security in the study area. Method Based on latitude and topography 10 villages were randomly selected, which was done in a study with 227 household farm managers. Food security was evaluated based on the species richness, and area under cultivation of food groups, and the probit logistic regression model was used for evaluation. Probit regression, also known as probit models, is used when the output or dependent variable of the model is bivariate. In inverse probit models, the standard normal distribution is modeled as a linear combination of predictor variables. In this situation, the application of normal regression methods is not applicable because the distribution occurred in two levels. In this study, it is assumed that the protection of biodiversity of local plants is related to food security, and for this reason, we have used this model. Results The findings showed that socio-economic status of different households and farms in this coastal area is one of the key factors affecting the biodiversity of locally cultivated crops. Local cultivars, especially those of rice, are resistant to most environmental factors and contribute to family food security. Food security and rice abundance are significantly correlated in all of the research area’s communities. Conclusions To ensure the sustainability, and health of production, and to ensure food security, planting various crops in this study area is recommended. Future research is needed to focus on solutions and technologies rich in diversity tailored to the socio-economic and environmental factors of locally cultivated crops.

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Plant biodiversity assessment of locally cultivated crops and household food security in Northern Iran

Shirazi,

Khoshbakht,

Mahmoudi

2024

Agric & Food Secur

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Evaluating the Impact of the COVID-19 Pandemic on the Sustainability of International Trade in Agricultural Products in the Context of Crisis Management: An Assessment of the Agricultural Product Exporting Sectors in Antalya, Türkiye

Yaşar Dinçer,

Yirmibeşoğlu,

Narin

et al. 2024

Sustainability

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This study aims to evaluate the impact of the COVID-19 pandemic on the sustainability of international trade in agricultural products through semi-structured, in-depth interviews, focusing on businesses engaged in agricultural product exports in Antalya within the context of crisis management. While Türkiye ranks tenth in the world and first in Europe in terms of agricultural output, Antalya, one of Türkiye’s most economically significant cities, is among the top contributors to Türkiye’s economy in terms of foreign exchange earnings from agricultural product exports. According to the findings of the study, the COVID-19 pandemic has increased the importance placed on the sustainability of agricultural product export activities. Türkiye’s prioritization of agricultural production and export has allowed the agricultural sector to positively differentiate itself from other sectors during the COVID-19 pandemic, turning the crisis into an opportunity. On the other hand, disruptions in global supply chains and increases in logistics and transportation costs due to the pandemic have led to various challenges to the sustainability of sector activities. Moreover, the economic impacts of the COVID-19 pandemic, such as increases in global and national inflation rates and particularly rising fuel and product prices, have resulted in sustainability problems in the agricultural product export sector’s activities today. To ensure the sustainability of activities in the post-pandemic period, effective crisis management strategies and planning are needed. However, according to the study’s results, the issue of crisis management in the agricultural product export sector has not received sufficient attention. To raise awareness about crisis management and ensure productivity, competitive advantage, and sustainability, increasing government support, establishing sectoral cooperation for joint action, and fostering collaboration between the private sector, public sector, and universities could be beneficial.

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Innovative tools for risk management of the production activities of agricultural enterprises in an institutional environment

Khakhula,

Kostyuk,

Lanchenko

et al. 2023

Scientific Horizons

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The security of agricultural sector development is increasingly becoming a relevant issue in modern conditions, as the agricultural sector determines the sustainability of the economy and ensures the country’s food security. Growing risks, such as climate change, economic difficulties and geopolitical conflicts, highlight the need to improve the security of agricultural production systems, which makes the study relevant. The study aimed to conduct a systematic analysis of innovative tools for managing the risks of production activities of agricultural enterprises and their impact on the formation of secure development in the agricultural sector of Ukraine. To achieve this goal, the method of analysis and modelling was used. Study results indicate that innovative approaches to risk management have a decisive impact on the sustainability and efficiency of agricultural production systems. To achieve a stable level of safe development of agricultural enterprises, it is necessary to focus on the implementation of key areas, such as maintaining the food base at a level sufficient to ensure a healthy diet, ensuring an adequate level of effective demand for the population and eliminating dependence on imports, aimed at protecting the interests of domestic producers of agricultural raw materials. The study demonstrated that institutional factors of risk management form an integrated system, where efficiency depends on the implementation of specific strategies for the development of agricultural institutions aimed at introducing innovative tools into the production cycle of agricultural enterprises. Furthermore, due to the accumulation of large amounts of production, financial, logistical and innovative potential of agricultural enterprises in the Forest-Steppe and Polissia regions, the level of safe development of agricultural enterprises is significantly increasing. This indicates their high capacity for sustainable reproduction of production and making a significant contribution to the agricultural sector of Ukraine. The study is of practical importance for agricultural enterprises, research institutions and government agencies, which can use the results to improve risk management strategies and increase the level of security of agricultural sector development

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Risk Mitigation in Agriculture in Support of COVID-19 Crisis Management

Cited by 3 publications

References 54 publications

Plant biodiversity assessment of locally cultivated crops and household food security in Northern Iran

Plant biodiversity assessment of locally cultivated crops and household food security in Northern Iran

Evaluating the Impact of the COVID-19 Pandemic on the Sustainability of International Trade in Agricultural Products in the Context of Crisis Management: An Assessment of the Agricultural Product Exporting Sectors in Antalya, Türkiye

Innovative tools for risk management of the production activities of agricultural enterprises in an institutional environment

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