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On 7 August 2014 Russia introduced restrictions on import of food products from countries of the European Union, the US, Canada, Norway and Australia (hereinafter – retaliatory sanctions) in response to their sanctions against Russia driven by political developments in the Ukraine. This step...
Persistent link: https://www.econbiz.de/10013015834
In 2016, record-high yields of grain, including wheat, maize, sunflower, soya and sugar-beet were received. A new record in poultry meat production was set. Despite economic recession, gross agricultural output has been growing in the past few years. Such results are attributed by many experts...
Persistent link: https://www.econbiz.de/10012952687
Sustainable positive dynamics of agricultural production allowed agrarians, economists and politicians to talk about the industry not only as an instrument for ensuring food security, but also as a driver of economic growth. The inclusion of gross value added (GVA) data in the target indicators...
Persistent link: https://www.econbiz.de/10012823739
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In general, land in Russia is in private ownership of millions of private owners. Nevertheless, agricultural land market is not developed, the costs associated with transactions in land are extremely high and the demand for land exists only in some regions. The market is distorted because in...
Persistent link: https://www.econbiz.de/10013016468
The food embargo has failed to create favorable conditions for Russia's agricultural production to thrive. Instead, such conditions arose as a result of the ruble's devaluation, when imported goods had lost their competitive capacity in Russia's domestic market. On the one hand, the ruble's...
Persistent link: https://www.econbiz.de/10012995635
Over recent years, agriculture – if we choose to look at available data prior to their adjustment based on the results of the All-Russia Agricultural Census – has been growing at a sufficiently high rate: in 2013 – by 5.8 percent, in 2014 – by 3.5, in 2015 – by 2.6, in 2016 – by 4.8,...
Persistent link: https://www.econbiz.de/10012863234
Due to its specifics agriculture is very inert and cannot promptly respond to the changing environment. As a result the signs of crisis appear therein later and the after-crisis recovery goes slower than in other sectors of the economy
Persistent link: https://www.econbiz.de/10014160822
In the beginning of 2010 the RF President approved the Doctrine of Food Security worked out in the framework of the Strategy of National Security of the Russian Federation till 2020 (enacted by the RF President Decree No. 537 of May 12, 2009). For the first time the Doctrine treats food security...
Persistent link: https://www.econbiz.de/10014160823