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ECO journal (ECOnomics and industrial Engineering)

2018 year, number 2

On the Effects and Paradoxes of Import Substitution in the Context of National Food Security

R. R. Gumerov, N. V. Guseva
Institute for Macroeconomic Studies
Keywords: национальная продовольственная безопасность, импортозамещение, продовольственная самообеспеченность, национальная продовольственная стратегия, физическая и экономическая доступность продовольствия, National food security, import substitution, food self-sufficiency, national food strategy, physical and economic access to food

Abstract

The article provides a comprehensive assessment of the current policy of import substitution in the agro-food market, based on the balance of its positive and negative effects. It is concluded that the policy of import substitution should take into account potential risks and threats associated with both the possible accompanying increase in food prices and the deterioration in the food status of the least well-off groups of the population, as well as with the technical and technological dependence of domestic agricultural production on the external market.