Abstract
The influence of the globalization process on the world food market as a basic element of ensuring the domestic needs of the national economic system and affecting the level of economic security of individual states is analyzed. It is shown that the effectiveness of the import substitution policy pursued in the Russian Federation is related to the sanctions pressure and the devaluation of the national currency, while increasing the level of food security associated with self-sufficiency in basic food products is accompanied by a drop in the quality of domestic producers' products. Formation of a quality and safety management system for food products is possible within the framework of the creation of regional agro-industrial clusters, the use of which will also make it possible to apply the available technological, human and scientific and production potential more efficiently through more optimal interaction between economic agents.
Highlights
At the present stage of development, the world market of food products includes several basic components: agricultural production, processing of products and agribusiness
The share of imports in 30% is considered a threshold value, and exceeding 50% of the value is considered critical. We calculated this coefficient for the Russian Federation and the results presented in Table 1 were obtained
The current stage of the development of the world food market undergoes a radical transformation: new segments of agricultural markets emerge, international financial and commodity flows are reoriented, and a change in the world's food ration related with increased consumption of meat products takes place
Summary
At the present stage of development, the world market of food products includes several basic components: agricultural production, processing of products and agribusiness. The countries of Latin America almost doubled their exports of food products, what made the region the main player in the world market, but later it has stagnated (Hennessy, 2009) Those regions which provided the maximum increase in agricultural production, showed how unstable this growth was. There has been a tendency to reduce capital investment, which in the long term may lead to declining in productivity in agriculture and will not allow the necessary growth in the production of affordable products to ensure This creates additional incentives for the introduction of protectionist measures to protect domestic producers, what reduces the global effectiveness of the world food market. - Reorientation of food production with high added value to developing countries
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