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...

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...

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...

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...

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...

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

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...

20 years have passed since the start of reforms in Russian agriculture. It’s a term allowing to draw some conclusions. Despite all the inconsistency, contradictoriness and non-integrity of government efforts, remarkable changes have taken place in the sector. This review is not supposed to...