Internal and External Factors of Food Security Policy in Russia

Nikolai G. Kuznetsov, Vladimir V. Kuznetsov and Irina Y. Soldatova

European Research Studies Journal, 2016, vol. XIX, issue 2, 86-99

Abstract: The article substantiates that food security and food independence of Russia is accompanied by new internal and external factors. Counter-measures from Russia include quickened import substitution, modernization of agriculture, and investments for increase of efficiency and competitiveness under the conditions of growing economic, social, political, and natural & climatic turbulence. As to foreign policy, these counter-measures include membership in the WTO, integration into the Eurasian Economic Union, globalization of agricultural sphere, foreign sanctions against or limiting food import in Russia, and exchange of partners in export and import. Policy of food security and independence is conducted under the conditions of high inflation and is rather costly. Vectors of food security of Russia are differently directed, though there is economic growth of agriculture. Food security and food independence become a part of national security and independence. Innovational strategy of modernization of agriculture should be considered to be the highest priority of country’s development. Increase of support for Russian agriculture from state budget, regional budget, federal and regional programs, and subsidies are especially important.

Keywords: food security and food independence of Russia; foreign sanctions; quickened import substitution; modernization, investments, and innovations; state support; federal and regional programs and subsidies. (search for similar items in EconPapers)
Date: 2016
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