Abstract

The article pays attention to the assessment and development directions of the economic development path of the agro-industrial complex of the Southern Federal District. It was found that the most realistic prospects for the recovery of the domestic economy, with existing opportunities, are largely associated with the active development of import substitution, primarily due to the attraction of FDI. The main task of the Russian Federation is to increase income from the export of agricultural products. This is due to the fact that in the Southern Federal District they produce a large share of agricultural products, in addition, the Kuban and the Rostov Region have exits to the Black and Azov Seas (the main example is the Novorossiysk commercial sea port), all the main flows of cargo go through their ports today. Export shipments are growing annually. The author proposes that in order to strengthen economic security and ensure the sustainable development of the Southern Federal District in the face of economic sanctions, the economic system management bodies require a combination of centralized and decentralized approaches to economic formation, ensuring economic security and improving international competitiveness.

Highlights

  • The current stage of development of the world economy forms a new agenda in the system of international economic relations, introduces new elements in the relationship between states, their groups and international economic and financial organizations

  • One of the ways for the development of the Russian segment of the agro-industrial complex, agriculture of the Southern Federal District may be the creation of specialized agricultural holdings, companies in the agricultural production segment, large taxpayers for the production, processing and sale of milk, as well as dairy and meat products

  • An analysis of the country's agricultural sector made it possible to conclude that the basis of food security in the Russian Federation is a stable domestic production of agricultural products and food [13]

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Summary

Introduction

The current stage of development of the world economy forms a new agenda in the system of international economic relations, introduces new elements in the relationship between states, their groups and international economic and financial organizations. A special place among the new challenges facing the agro-industrial complex. The Southern Federal District is the most important geopolitical, strategic, economic and agrarian region of Russia. (about 11.2% of the population of the Russian Federation), of which the share of the rural population was 37.3% [1]. Favorable natural and climatic conditions in the district contribute to the development of various branches of agriculture.

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