IMPACT OF ECONOMIC SANCTIONS ON THE WORLD AND RUSSIAN GRAIN MARKET

Issue № 7, 2023, article № 11, pages 107-113

Language: Russian

Original language title: ВЛИЯНИЕ ЭКОНОМИЧЕСКИХ САНКЦИЙ НА МИРОВОЙ И РОССИЙСКИЙ РЫНОК ЗЕРНА

Keywords: WORLD GRAIN MARKET, RUSSIAN GRAIN MARKET, SANCTIONS, AGRICULTURAL SECTOR, GRAIN PRODUCTION, GRAIN CONSUMPTION, EXPORT-ORIENTED STRATEGY

Abstract: The 2022 sanctions affected the global food market and directly affected the Russian agro-industrial complex and the grain market. The purpose of the study is to analyze the current state of the world grain market, as well as the situation on the market in Russia, as one of the leaders in the production of grain crops. Sanctions also affected the US and EU countries, which is reflected in the growth in the cost of imports and the aggravation of price disparity. The insufficient development of the grain market is caused by the state of organizational and economic relations in the general world system. A set of measures has been formulated in relation to the negative impact of sanctions on the grain market, as well as the need for an export-oriented policy in Russia. Based on this, it seems relevant to develop directions for the development and improvement of the efficiency of the grain market as an important part of the agro-industrial complex of Russia, the development of which determines the stability of the economy and the food security of the state

Authors: Kotova Lyudmila Gennadievna, Palatkin Ivan Viktorovich, Kudelkina Diana Mikhailovna, Shkurkin Sergey Ivanovich, Duguniev Alexander Hasanovich