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Russia and the Modern Food Crisis: Political and Economic Retrospective

Author

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  • Dmitrii K. Stozhko
  • Natalia Yu. Stozhko

Abstract

Currently, a large-scale food crisis is unfolding in the world, due to a number of exogenous and endogenous factors. Being an integral part of the emerging new socio-economic reality, this crisis is not only global, but also diversified, affecting many sectors not only of agriculture, but also of industry (food industry, fertilizer production, chemical industry, etc.), exerting its influence and on the state of food security of the Russian Federation. In this regard, an analysis of the causes, nature and possible consequences of this crisis is not only of considerable theoretical, but also quite practical interest. In this regard, the purpose of the study is to assess the nature, nature, dynamics, characteristics and consequences of the development of the global food crisis and its impact on the food security of the Russian Federation, as well as ways to prevent it. The main causes of the modern world food crisis are revealed. The difference between the current food crisis and other similar crises associated with the growing uneven socio-economic development of different regions of the world and the depletion of natural, primarily biological resources, has been identified and argued. The specificity of the food crisis is shown, due to a certain extent to the multiplicative effect of destructive processes in the production and distribution of food resources, miscalculations in the economic, environmental and social policies of individual states. The possible consequences of the food crisis are determined. Additional ways and mechanisms to prevent the food crisis in the territory of the Russian Federation are argued. The article substantiates the position that along with the quantitative aspects of food policy associated with increasing the volume of food production and import substitution, a special role in the conditions of macroeconomic instability and uncertainty is acquired by qualitative aspects, primarily the quality, nutritional value and safety of food itself, its economic accessibility, timeliness and completeness of food supply.

Suggested Citation

  • Dmitrii K. Stozhko & Natalia Yu. Stozhko, 2022. "Russia and the Modern Food Crisis: Political and Economic Retrospective," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 4.
  • Handle: RePEc:ack:journl:y:2022:id:814
    DOI: 10.33293/1609-1442-2022-4(99)-39-48
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