ANALYSIS OF FOOD PROVISION OF THE COUNTRY UNDER THE SANCTIONS

Author(s): Sobol Tatiana Sergeevna

Rubric: Management

DOI: 10.21777/2587-554X-2018-2-62-68

Release: 2018-2 (25)

Pages: 62-68

Keywords: foreign sanctions, import of food, food provision, market, import substitution

Annotation: This paper contains the analysis of food provision of the Russian population under the foreign sanctions. It is noted that the economic blockade has disturbed the established production and economic ties, increased the stress in the food provision of the country, and had an adverse effect on the food security of Russia. The imposition of the food embargo has led to the losses for the European business targeted at Russia. The EU has incurred losses in the agriculture, especially regarding overproduction. It is noted that the economic sanctions imposed by the West have had both positive and adverse effect of the food security of the country. On the one hand, this economic blockade has resulted in the increasing vulnerability of the Russian economy and the stress in the food provision of the country. On the other hand, according to the experts, thanks to the sanctions Russia has got a positive dynamics as well as significant results in the agroindustrial sector.

Bibliography: Sobol TA.SE. ANALYSIS OF FOOD PROVISION OF THE COUNTRY UNDER THE SANCTIONS // Economics and Management. – 2018. – № 2 (25). – С. 62-68. doi: 10.21777/2587-554X-2018-2-62-68