Creating A Competitive Advantage Of Regional Agri-Food Market In A Resource-Constrained Environment

Abstract

The paper is devoted to the formation of a competitive advantage of the regional agri-food market in conditions of limited resources on the example of the Chechen Republic. Certain aspects of the market infrastructure of the agri-food sector and the organizational and economic mechanism of interregional product exchange were not sufficiently studied. According to the authors, the imperatives of increasing the competitiveness of the agri-food market in the Chechen Republic include the creation of conditions for the provision of basic food to the population through effective market mechanism; development of measures on integrational interaction of territories. The authors noted that the transformation of the economic system established in the conditions of the centralized economy objectively caused not only an increase in instability of agricultural enterprises, but also the need to create a system of strategic management at the micro level. Over a period of more than fifteen years of market reforms, a number of objectively necessary economic and organizational changes were carried out in the country’s three-sector agro-industrial complex, which changed the nature of competitive relations between agricultural producers: there was a transition to mixed economy; regulation of the agri-food market by the state is reduced to a minimum; food and agricultural commodity market is open to foreign participants; due to increasing differentiation of incomes of the population, the pattern of demand for food is changing; agricultural producers are free to choose their management system. All this forces the economic entities of the agro-industrial complex to develop competitive strategies.