Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)

Import substitution in agro-industrial complex as factor of Russian food security

Authors
V.V. Moiseev, E.A. Karelina, V.F. Nitsevich, O. A. Sudorgin
Corresponding Author
V.V. Moiseev
Available Online August 2018.
DOI
https://doi.org/10.2991/icemw-18.2018.29How to use a DOI?
Keywords
agro-industrial complex, food security, import substitution problems
Abstract
In a difficult economic situation, an important role belongs to the state policy of import substitution. The problems of import substitution become even more urgent in connection with the Western sanctions imposed against Russia in connection with the events in Ukraine. In 2014, several Western countries, led by the United States, announced severe sanctions against the Russian economy. This intensified the process of import substitution in Russia, including both agriculture and processing industries of the agro-industrial complex. In this regard, there has been a decline in food imports from abroad and an increase in the growth rate of food production, oriented to the domestic market. The authors make a valid conclusion that an economically literate policy of import substitution in the agro-industrial complex and other sectors of the economy can become a catalyst for overcoming the technical gap, reviving the investment climate, and increasing its own production of food in necessary quantities in accordance with medical norms of consumption. In this study, the authors not only analyze the main problems of import substitution, but also determine the crucial ways to accelerate these processes in Russia. The article states that, despite numerous difficulties, the policy of import substitution in the agrarian and industrial complex of modern Russia has all chances for success.
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This is an open access article distributed under the CC BY-NC license.

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Volume Title
Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2018
ISBN
978-94-6252-599-3
ISSN
2352-5428
DOI
https://doi.org/10.2991/icemw-18.2018.29How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - V.V. Moiseev
AU  - E.A. Karelina
AU  - V.F. Nitsevich
AU  - O. A. Sudorgin
PY  - 2018/08
DA  - 2018/08
TI  - Import substitution in agro-industrial complex as factor of Russian food security
BT  - Proceedings of the International conference "Economy in the modern world" (ICEMW 2018)
PB  - Atlantis Press
SP  - 156
EP  - 161
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemw-18.2018.29
DO  - https://doi.org/10.2991/icemw-18.2018.29
ID  - Moiseev2018/08
ER  -