Description
According to Ricardo, comparative advantage implies that countries will engage in trade with one another, exporting the goods that they have a relative advantage in and thereby benefiting all trade partners. Yet, the national security can remain and prevail over comparative advantage. Singapore’s food security policy demonstrates that the country promotes local agriculture although the cost of local-produced food is higher than the price of imported food.
The research objective is to study one of the Singapore’s strategies that enhance their food security. Singapore promotes food security through urban agriculture which the country does not have specialization in agriculture production. Using documentary research, a comprehensive bibliography is compiled from major scholarly databases. The preliminary results have shown that despite only 1 per cent of the land used for agriculture, Singapore ranks 1st in the food availability category of Global Food Security Index in 2021. The key success factor in promoting urban agriculture comes from the government’s strong roles. Government agencies generate a variety of capital for local food production. Those include in-kind and in-cash capital, namely, funding sources, R&D, training and technology transfer. The Singapore’s success story sets an example for other countries of limited agriculture resources and fragile food security.
