The sustainable development of the Russian Federation fisheries industry: factors and tendencies

Abstract

The purpose of the investigation is to study factors and tendencies of sustainable development of the Russian Federation fisheries industry. Methods used are dialectical and analytical as well as classification presented by the group of factors of sustainable development of fisheries industry according to the level of developing process from global to local, synthesis method allows combining study objects into a whole unit and making conclusions setting the tendencies for industry development. Novelty element is systemization of factors determining the sustainable development of the Russian Federation fisheries industry taking into account specific features of its functioning and existing tendencies in the industry. Research results. The key factors, determinants and development potential of the Russian Federation fisheries industry are defined based on the data analysis concerning about the state of the raw material base of fishing, the volume of production of products from aquatic biological resources, the ratio of fishing and aquaculture products, as well as data characterizing the industry investment activity of «fishing and fish-farming sectors», the level and labor productivity movements as well as average monthly salary for workers, business profitability ratio and etc. The practical significance consists in the possibility of using the research results for developing a set of measures for the efficiency of the Russian Federation fisheries industry functioning improvement.