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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
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
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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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
From 1 January 2017, loan subsidizing rules for the agricultural sector were largely modified. However, those changes have not resulted in a share of subsidies for large companies being limited. Quotas on subsidies for the small business remained unutilized due to preservation of bureaucratic...
Persistent link: https://www.econbiz.de/10012953308
Ministry of Agriculture of the Russian Federation prepared their regular changes to the State program on development of agriculture for 2013–20251. These changes raise questions regarding the feasibility of implementation of import substitution tasks and growth of agribusiness products. State...
Persistent link: https://www.econbiz.de/10012859467
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Provisional results of the 2016 All-Russia Census of Agriculture suggest that the view of agricultural land needs to be revised completely. They also suggest that regulatory and supervisory authorities should draw serious conclusions from that
Persistent link: https://www.econbiz.de/10012941069
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