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The role of import substitution in the development of food industry in the Russian Federation
Abstract.Russia’s food embargo has given impetus to significant decrease of import of food products. It promotes intensification of development of food industry in Russia. The research purpose is to study the current situation in Russian food industry and define the directions of its further development. The author gives special attention to the priority sectors and subsectors of food industry. Their modernization and improvement will ensure food security of Russia and form the tendencies for further development. The author analyzes and evaluates Russia’s food industry. The research methodology includes the methods of statistical grouping, comparative and abstract-logical analysis. Based on the analysis of the state statistical data, the author defines the top priority directions of food industry development and the prospects of import substitution, outlines the factors of food security provision. The author defines three key directions of further development of food industry, which should ensure food security of Russia.
Keywords: economic security , subsectors of food industry , economics , food products , sanctions , food security, food embargo, production , food industry, import substitution
Article was received:12-10-2017
This article written in Russian. You can find full text of article in Russian here .