Abstract

In modern conditions of constantly arising global economic risks, which sharply affect the development of world commodity markets, the role of developing its non-resource exports is increasingly becoming more visible in strengthening the economy of the Russian Federation. This study poses a question and proposes a scenario for improving the country's balance of payments based on increase in Russian food exports. The importance and necessity of solving this issue is reflected in the Message of the President of the Russian Federation of February 20, 2019 and his instructions to the Government of the country. In this regard, the purpose of the study was to consider and forecast possible scenarios for the implementation of approved plans for the development of agricultural exports. Achieving this goal several interrelated tasks had been solved: 1) identifying the ratio of export and import of agricultural products in the Russian Federation; 2) analysis the structure of export agricultural products; 3) forecasting the real possibilities of achieving the target indicators for the export of agricultural products, as well as the processing and food industries; 4) the proposal of options for improving the system of state regulation of agricultural exports or its elements. The result of the study was the confirmation of hypothesis that state regulation of agricultural exports is, in general, effective.

Highlights

  • In 2014 the economy of the Russian Federation faced serious risks aimed at reducing the country's export-import operations, including the purchase of food and export of agricultural goods abroad

  • As further practice has shown, after Russia's accession to the WTO, a possible increase in exports of agricultural products and food remained at the stage of forecast expectations as opposed to an increase in imports

  • To solve the first task, which is to identify the ratio of exports and imports of agricultural products of the agro-industrial complex, we examined the ratio of exports and imports of agricultural products

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Summary

Introduction

In 2014 the economy of the Russian Federation faced serious risks aimed at reducing the country's export-import operations, including the purchase of food and export of agricultural goods abroad. The one-sided interpretation of priority positions of the developed countries of the West - WTO members over the entities newly admitted to this organization, including Russia, did not allow it to get parity advantages. R. Urazaev note that the specifics of WTO accession provided for its official participants an increase in the import of agricultural raw materials and food, and an expansion of possibility of increasing exports specified goods (Galeev, Baleevsky, Katlishin, Urazaev, 2014). As further practice has shown, after Russia's accession to the WTO, a possible increase in exports of agricultural products and food remained at the stage of forecast expectations as opposed to an increase in imports

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