IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2015i3p256-266.html
   My bibliography  Save this article

Food Supply Security and Import Substitution as the Key Strategic Objectives of the Modern Agricultural Policy

Author

Listed:
  • Anatoliy Altukhov

    (All-Russian Research Institute for Agricultural Economics)

  • Veniamin Drokin

    (Institute of Economics of the Ural Branch of the RAS)

  • Aleksey Zhuravlev

Abstract

A crucially new social- and economic situation has shaped up by now in the rural areas and agricultural sphere; in its many instances such situation does not fit in the national agricultural policy in effect called upon to be a long-term instrument for economic adjustment of the agro-food market and state support of the agricultural sphere, most significantly, its foundation — the farming sector. Ensuring of food supply security by import substitution in the age of the national farm product markets globalization is possible in the macro-economic conditions promoting the development of the agricultural sector. The main reason that retards this sector development is inequitable cross-sector exchange at sacrifice of the agricultural industry. The article sets forward and approbates the author’s method of simple assessment procedure of how the price cross-sector relations and state financial support (in the form of subsidies) of the agricultural enterprises influence their profitability generation. Further to the assessment, the following conclusions have been made: — in view of the tangible contribution of the agricultural sector to the country economy, this sector is self-reliant for its own development, i.e. the state is reasonably in a position to increase expenses for eliminating negative consequences of inequitable crosssector exchange; — the amount of expenses for state financial support is supposed to enable the agricultural commodity producers to generate profitability to the level that can stimulate the farm workers’ labour efficiency and build up a system of affordable credit facilities for the objects of techno-engineering modernization necessary to produce competitive products. — the issue of improving the competitiveness of agricultural production should be addressed in the first place at the federal level. Among the essential factors to increase the competitiveness of specific types of domestic food products and agricultural raw materials, one should consider the implementation of theoretically sustained agreements on the agricultural policy in EEU countries. The article considers the guidelines to form the common agricultural policy in the new integrated entity.

Suggested Citation

  • Anatoliy Altukhov & Veniamin Drokin & Aleksey Zhuravlev, 2015. "Food Supply Security and Import Substitution as the Key Strategic Objectives of the Modern Agricultural Policy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 256-266.
  • Handle: RePEc:ura:ecregj:v:1:y:2015:i:3:p:256-266
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2015/September_2015/ERSeptember2015_256_266.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Denis Samygin, 2017. "Design Model for the Development of Agrarian Economy: Food Aspect," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 591-603.
    2. Elmira Krylatykh & Tatiana Belova, 2018. "Russian Grain Exports in the Context of Regional Economic Policy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 778-790.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2015:i:3:p:256-266. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.