Agrarian Bulletin of the Urals

The journal has been published since 2000

ISSN 1997 - 4868 (Print); ISSN 2307-0005 (Online)

 

Innovative development of the russian agricultural sector in the context of financial and economic instability

Authors:

B. A. VORONIN, doctor of juridical sciences, professor, head of department,

I. P. CHUPINA, doctor of economical sciences, professor,

Ya. V. VORONINA, senior lecturer,

Ural State Agrarian University (42 K. Liebknehta str., 620075, Ekaterinburg).

Abstract. Over the past decade, Russian agriculture has been showing annual growth in agricultural production, raw materials and food. In 2015–2017, this figure was within 3–4 %, which is higher than in some industries. The positive development of agriculture allows to ensure food security of the country on the basic food products defined by the Doctrine of food security of the Russian Federation. At the same time, agriculture is affected by economic sanctions, especially in terms of investment in production development and in General financial and economic policy caused by economic transformations. On the one hand, the solution of the problem of import substitution in the agricultural food market has a positive impact on the production and economic activities of Russian agricultural producers, as there is an active replacement of agricultural raw materials, food, agricultural machinery, equipment and other products with domestic samples. However, the lack of the necessary amount of seed and breeding material does not allow to move to a sustainable organization of agricultural activities based on the achievements of science and new technologies in crop production, livestock, agricultural machinery and other important areas of agriculture. Along with the above factors, it should be noted that a significant number of agricultural organizations in certain regions of the country are economically unstable. In agriculture, a number of systemic problems remain that constrain further development. The main problems of the agricultural sector are: the lack of acreage, the reduction of livestock, which occurred as a result of the instability of production and economic relations, inflation, the rise in the cost of credit resources, the reduction of public financing, the decline in the purchasing power of consumers of agricultural products, the growth of non-payments and the disparity of prices for industrial and agricultural products.

Keywords: Russian agricultural sector, agriculture, financial and economic instability, sustainable economic development.

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