Analysis of the Agro Risks of Import Substitution of the Food Production

  • Alexander M. ZOBOV Peoples' Friendship University of Russia, Russian Federation
  • Ekaterina A. DEGTEREVA Peoples' Friendship University of Russia; Institute of Europe, RAS; MGIMO-University, Russian Federation
  • Veronica Yu. CHERNOVA Peoples' Friendship University of Russia, Russian Federation
  • Vasily S. STAROSTIN State University of Management, Russian Federation
  • Zhanna G. GOLODOVA Peoples' Friendship University of Russia, Russian Federation

Abstract

The relevance of the study is related to the current conditions of the functioning of the Russian economy. The objective of this article is to study the import substitution in terms of possible agro risks and threats caused by the economic and political situation. The analysis of the statistical data characterizing the import substitution in the food industry showed the inefficiency of the current forms and methods of state support. The main sources of risks of import substitution are defined. The change in the global situation and geopolitical realities, which are exacerbated by the low technical level of equipment and the lack of resources, allowed to ascertain that the goals of import substitution can be achieved only through the modernization of production and the introduction of innovative technologies in the food industry. The methods of modernization proposed in this article will make it possible to form a competitive agro-industrial complex able to provide the domestic demand and export supplies with food products.

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Published
2017-10-02
How to Cite
ZOBOV, Alexander M. et al. Analysis of the Agro Risks of Import Substitution of the Food Production. Journal of Environmental Management and Tourism, [S.l.], v. 8, n. 3, p. 648-656, oct. 2017. ISSN 2068-7729. Available at: <https://journals.aserspublishing.eu/jemt/article/view/1393>. Date accessed: 19 apr. 2024. doi: https://doi.org/10.14505//jemt.v8.3(19).16.