Problem Analysis of Agriculture Development in Russia

Abstract

Currently, in the Russian Federation, there is increasing attention to the country strategic agricultural sector. Since the time of “perestroika” and further collapse of the USSR in 1985-1991, that resulted in breaking of economic ties between economic entities, the agriculture industry slowed down significantly and was in decline. The article conducted the study of key indicators of current state of agricultural sector in RF. The importance of agriculture in the context of counter-sanctions and import substitution is defined, and the state program for agriculture development and regulation of agricultural markets, raw materials and food is determined. To identify structural problems, the indicators of 1940, 1985, and 2018 were compared. Based on data analysis for these periods, structural problems of agricultural industry were identified, which are the result of underfunding of scientific research in this area. According to current forecasts, the budget surplus of the Russian Federation in 2019 will be about 1.6-1.8% of the total GDP. One of the options for improving the efficiency of agriculture is to use these funds to finance applied research in the field of agriculture. In addition, possible measures are suggested to increase the quality of interaction of agricultural market participants.