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"Ethiopia has made considerable progress toward food security since the 1984 famine captured worldwide media attention. Almost 30 years after that calamity, Ethiopian per capita income has increased, poverty has fallen, food security has improved, and the groundwork has been laid for sustained economic growth."--P. 1.

The COVID-19 pandemic has decimated the lives and livelihoods of people around the world. The impact of COVID-19 has been especially devastating for low-income families in rural areas of India. Food insecurity became pervasive in rural areas soon after the nationwide lockdown was announced, as many families relied on daily wage work to fund basic necessities. By providing cash transfers and the additional foodgrains, Indian policymakers acted swiftly to reduce the financial impact on family income and consumption. This paper investigates the factors affecting the participation of rural families in the cash transfer program and the effect of government cash transfers on food insecurity. Results indicate that the government cash transfer program in India decreased moderate food insecurity by 2.4% and severe food insecurity by about 0.92%.

Price instability is a fact of life. In a market economy, domestic prices change in response to changes in supply, consumer preferences, policy, world prices, and other factors. Crop prices tend to be particularly volatile because harvests occur only once or a few times per year and because the size of the harvest varies due to weather, prices, and other factors. For internationally-traded commodities, volatility in world prices can be another source of instability in domestic prices.

Bangladesh has a long history of catering to the consumption needs of its population through public distribution of food-grains—rice and wheat—stored across an extensive network of warehouses all over the country. This network has its roots in the Bengal famine, but now performs a variety of functions ranging from price support to providing a safety net against crises. However, the storage infrastructure is old, with many warehouses having originated some sixty years ago. The food security situation in Bangladesh has also improved remarkably from the time when this warehousing network was established. Finally, there have been remarkable improve-ments in both technology and management of grain storage that have increased overall efficiency.

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional organization which came into being in 1997. It comprises seven member states: five from South Asia, namely, Bangladesh, Bhutan, India, Nepal, and Sri Lanka, and two from Southeast Asia, Myanmar and Thailand. BIMSTEC region is home to around 1.5 billion people, that is, nearly 22 percent of the global population with a combined gross domestic product (GDP) of US$2.7 trillion.