Page 54 - Azerbaijan State University of Economics

Digitalization
of agriculture

Climate change Domestic
and agricultural
environmental support and
security procurement

Agribusiness
strategy of
Azerbaijan

Advanced
technologies,
Trade-related innovation,
infrastructure
expertise and
know-how

Public-private-
academia
partnerships

Figure 2: Possible elements of agribusiness strategy of Azerbaijan

3. FOOD SECURITY AND SAFETY

As a result of successful economic reforms and trade policy measures during last
several years, there has been a sharp reduction in absolute poverty rates in Azerbaijan.
National official data shows that the incidence of poverty fell from nearly 50% of the
population in 2001 to less than 5% in recent years [Asian Development Bank, 2018].
Azerbaijan is one of 18 countries out of 128 countries of the world which have reached
the 1996 World Food Summit's goal of halving the total number of their
undernourished [FAO, 2013]. According to the FAO, Azerbaijan is a food-secure
country and the portion of the population suffering from food insecurity is below 5%
and malnutrition affecting less than 5% of the population (prevalence of
undernourishment in the total population (2015-2017): ˂2.5%). According to the
Global Food Security Index 2018 [The Economist Intelligence Unit, 2018],
th
Azerbaijan was on the 56 place among 113 countries. Referring to the World Bank,
the prevalence of undernourishment in Azerbaijan, in 2016, as a percentage of

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