Search for New Economic Solutions of the Problem of Food Security

Abstract

Topic/subject. Importance of the selected topic of the research is predetermined by the necessity for intensification of production of food products due to increase of population of the Earth. Under the condition of stable agricultural production capacities, it is necessary to look for innovational solutions of increase of production volumes. Growth of production of food products is insufficient for satisfying the needs of the planet’s growing population; growth of food cost makes countries to look for new economic solutions to this situation. High prices for food products make countries limit own food export and increase food reserves. However, these measures have short-term character, as the problems have to be solved globally. Thus, application of innovational technologies in agriculture may become a new vector for modernization of traditional agricultural methods of production and activation of hidden potentials of the sphere. Goal/tasks. The purpose of the research is to substantiate—theoretically and practically—the necessity for search and development of additional mechanisms of provision of high level of food security for the Russian population. According to the set goal, the following tasks are formulated and solved: analysis of situation with dynamics of planet’s population, analysis of the consumer sector and level of its profitability; evaluation of dynamics of real incomes of Russians; conclusion is made on growth of the number of poor citizens, and necessity for search for new solutions to the problem of food security is shown. Methodology. The following methods are used: statistical analysis, financial analysis, and horizontal and vertical analysis of threshold criteria of food security, and the state of income and food provision of the Russian population. Results. For increasing the level of Russia’s food security, it is necessary to provide Russian population with economic access to high-quality food products, which is impossible without state support for agricultural manufacturers and new solutions in this sphere. Conclusions/significance. The value of this work consists in emphasis on external and internal threats to food security of the state, which grow despite the increase of independence on external import.