Import substitution processes in Russia’s agro-industrial complex

Nikita Yurievich Mukhin
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Nikita Yurievich Mukhin: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2016, issue 6, 106-117

Abstract: In the article the author examines specific areas of import substitution processes in key sectors of agriculture, proving the success of reforms initiated in particular in pig production, as well as considers the trends and problems of import substitution in the production of seeds, vegetables and dairy products. A suggestion for improving the labeling of dairy products is given. The author emphasizes the need for strict control of production costs with a view to increasing international competitiveness of Russia’s agro-industrial products on the global market, and notes that the high cost of credit is a serious obstacle to the development of production of many agricultural products.

Keywords: Import substitution; pigs; poultry; grains; lending; international competitiveness of products; cost of production; export. (search for similar items in EconPapers)
Date: 2016
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