ECONOMIC AND FOOD SECURITY: NEW REALITY OF IMPORT SUBSTITUTION

Abstract

The article discusses new aspects of the theory and practice of economic and food security when realizing the policy of import substitution in the agro-industrial complex. The formation of individual points of growth in the agro-industrial complex is noted, the estimate of import substitution and its influence on the socio-economic situation in Russia being multiple-valued. Attention is focused on the absence of serious progress in import substitution in the sphere of agricultural production. The development of own production capable of offsetting the decline in imports has not yet acquired sustainable, full-volume character. The major causes of the situation are highlighted; their influence on the process of import substitution is justified. The economic and food security state and import substitution as a government policy are discussed. The study concludes that the reduction of food imports has not yet led to accelerated development of home production. Rising of prices, changing in the structure of food consumption, reduced solvency of the population have raised the bar for food availability and lowered the level of economic security. An attempt is made to put the task of considering the factors characterizing the influence of the "war of sanctions" in the methodology of assessing the economic and food security.

Keywords

• economic security
• food security
• agriculture
• sanctions
• import substitution