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In Russia where the major volumes of vegetables are traditionally produced by household farms, the fruit and vegetable business started developing quite recently. 2009-2010 were favourable for farm producers: market prices for vegetables were relatively high, investing in the construction of...
Persistent link: https://www.econbiz.de/10013086735
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
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The short-term consequences of the bans imposed in 2014 on pork imports into Russia from the countries that used to be major suppliers of meat to this country are as follows: an altered geography of import supplies, rising prices on the pork market and related markets, and plummeting consumer...
Persistent link: https://www.econbiz.de/10013043252
High volumes of grain production in 2013, the devaluation of the national currency and concerns about likely disruptions in grain supplies from Ukraine allowed Russia to increase its grain export volumes in the period of 2013- 2014 MY and achieve the second highest result after record-high...
Persistent link: https://www.econbiz.de/10013046907
At present about 4% of Russia's GDP is generated in agriculture; however, the sector still accounts for 9.7% of the total number of employed in domestic economy with 26% of the country's population living in rural areas. The latter indicator has remained actually unchanged throughout the 10...
Persistent link: https://www.econbiz.de/10013077016
One of the major targets of modern agri-food policy in Russia is a significant increase of agri-food exports - almost twice as much by 2024. In this projection, China is viewed as the most promising market. However, Russia's entrance to the Chinese market faces a number of constraints. In...
Persistent link: https://www.econbiz.de/10012265586
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This paper examines the relative roles of region-specific and commodity-specific developments in the consumer price setting in Russia. For this purpose, we estimate a dynamic hierarchical factor model using inflation rates across regions and sectors. We found little evidence of association...
Persistent link: https://www.econbiz.de/10012914872