Russian Agricultural Sector in the "War of Sanctions"

In: Voprosy ėkonomiki: ežemesjačnyj žurnal, Heft 12, S. 147-153

Abstract

The article analyzes the consequences of the sanctions introduced by the West as well as by Russia (counter-sanctions) for Russian agri-food complex. The aftereffects are analyzed in three dimensions - foreign trade, production and market-consuming. The author concludes that sanctions have a negative impact on the availability of food for low-income population groups and on the qualityof some products and yet have not had explicitly positive effect on national producers. To achieve a positive effect for agri-food complex and well-being of the bulk of the population, additional political steps to improve the state supporting and functioning of the institutes of agri-food complex are needed.