INVESTMENTS IN AGRICULTURE OF RUSSIA UNDER CONDITIONS EAEU FUNCTIONING
Issue № 12, 2019, article № 13, pages 108-114
Section: Investment and innovation in agriculture
Language: Russian
Original language title: ИНВЕСТИЦИИ В СЕЛЬСКОМ ХОЗЯЙСТВЕ РОССИИ В УСЛОВИЯХ ФУНКЦИОНИРОВАНИЯ ЕАЭС
Keywords: «УПРЕЖДАЮЩИЕ» ИНСТРУМЕНТЫ, ACCUMULATION, CONSUMPTION, INVESTMENTS, MUTUAL INVESTMENTS, INVESTMENT ACTIVITY, AGRICULTURE, “PROACTIVE” TOOLS, BUSINESS CONDITIONS, THE EAEU, INTEGRATION, COOPERATION
Abstract: The article discusses the issues of consumption and accumulation both in the economy as a whole and in agriculture in the Russian Federation and other EAEU member states. In order to ensure Russia's economic growth rates above the world average, an Action Plan was approved to accelerate the growth rate of investment in fixed assets and increase to 25‰ of their share in GDP by 2024. Currently, the share of gross fixed capital formation in the structure of GDP in Russia and Kazakhstan is only about 21‰, in Armenia this indicator is even lower, in Belarus and Kyrgyzstan, the share of accumulation in GDP was formed at the highest level in the EAEU, 26-30 ‰‰. The authors note that the volume of investment in fixed assets of agriculture in the EAEU member states is determined by the priority development goals of these countries, their monetary policy, macroeconomic indicators, the level of development of the agricultural sector, and the demand for food products. It is emphasized that in order to increase investment activity in the EAEU, it is necessary to form a single investment platform based on strategic planning that would facilitate the implementation of large investment projects, both in industry, agribusiness, and infrastructure for the growth of our economies, increase mutual investments, expand the domestic market and growth in supplies to foreign markets. A special role in building up mutual investments is given to the construction of new and modernization of existing agribusiness facilities located in the border territories. The article notes that increasing investment activity requires the need to evaluate its effectiveness through “proactive” tools. One such tool is Foresight Research. A mechanism of public-private partnership is proposed as one of the priority mechanisms of investment activity in agriculture.
Authors: Maslova Vlada Viacheslavovna, Schastlivtseva Liudmila Vasilevna, Panina Nina Anatolevna