FOREIGN DIRECT INVESTMENT: SOME THEORETICAL ASPECTS

Issue № 2, 2024, article № 7, pages 64-73

Section: Investment and innovation in agriculture

Language: Russian

Original language title: ПРЯМЫЕ ИНОСТРАННЫЕ ИНВЕСТИЦИИ: НЕКОТОРЫЕ ТЕОРЕТИЧЕСКИЕ АСПЕКТЫ

Keywords: INVESTMENTS, FOREIGN DIRECT INVESTMENT, CONTROL, AGRICULTURAL ECONOMY, REGULATION, AGRI-FOOD SYSTEM

Abstract: The events that unfolded in connection with the economic sanctions by the unfriendly countries against Russia in 2022 and the ongoing so far have significantly limited the access of domestic producers to foreign capital, advanced technologies and digital goods. Nevertheless, we consider it appropriate to consider the present topic of the study, given its importance and relevance for the food security of the country and the need to increase the availability of Russian agricultural producers to the capital of friendly countries. The article considers some theoretical aspects of the problem of direct foreign investment of agricultural commodity producers in the conditions of sanctions pressure and geostrategic instability, Emphasis is placed on the illegality of restricting foreign capital flows by Western countries, which affects the supply of agricultural raw materials and food to underdeveloped countries. It is noted that in the case of foreign direct investment, control not only the means of management of the enterprise, but also the institution of its establishment, accession, allocation and liquidation, which imposes corresponding obligations on the system of property relations and its characteristic. The possibility and the need to attract foreign direct investment from different countries to address the problem of food supply in countries that lack sufficient resources - agricultural land and sufficient capital - are emphasized. On the basis of an analysis of various theoretical views on the understanding of the nature and nature of foreign direct investment, it is concluded that it is advisable to adjust the approach, namely to consider them in terms of relations with the inclusion of restrictive criteria in the definition. The article presents the author's interpretation of foreign direct investment (FDI) from this position and, on this basis, proposes an understanding of FDI in the agro-food sector as a relationship in the field of formation, accumulation, distribution of capitalized savings of a resident of one country and their use and management at an enterprise of a foreign state in the process of capital movement for the organization and management of agricultural production, logistics and the wholesale food chain, in order to solve the problem of providing the population with food products of states and on this basis making a profit or achieving another effect.

Authors: Kulov Aslan Rostislavovich