THE INFLUENCE OF ROUBLE DEVALUATION ON SUSTAINABLE DEVELOPMENT OF THE AGRARIAN SECTOR OF RUSSIAN ECONOMY IN THE CONDITIONS OF THE INTERNATIONAL SANCTIONS

DOI 10.32651/2070-0288-2018-5-65-70

Issue № 5, 2018, article № 10, pages 65-70

Section: Problems of agroeconomic researches

Language: Russian

Original language title: ВЛИЯНИЕ ДЕВАЛЬВАЦИИ РУБЛЯ НА УСТОЙЧИВОЕ РАЗВИТИЕ АГРАРНОГО СЕКТОРА ЭКОНОМИКИ РОССИИ В УСЛОВИЯХ МЕЖДУНАРОДНЫХ САНКЦИЙ

Keywords: AGRARIAN SECTOR OF ECONOMY, DOMESTIC AGRICULTURE, AGRIBUSINESS, DEVALUATION, IMPORT-DEPENDENT, RESOURCES, FINANCIAL CONDITION, AGRICULTURAL PRODUCTION

Abstract: The article describes the impact of the rouble devaluation on the agrarian sector of the Russian economy. As the author notes, as a result of the devaluation of the rouble, there is an increase in the currency load on domestic agricultural production and the financial condition of agricultural organizations is deteriorating, examples are given of the resulting risks for Russia's agriculture, an assessment of the impact of import dependence on domestic agribusiness is given. All this allowed us to determine the main directions of sustainable development of the Russian agrarian sector of the economy in the context of the devaluation of the rouble and the actions of international sanctions against Russia. Devaluation of currency has led to increase in demand for agricultural production, food of domestic production, thereby has given an impulse to development of the Russian agrarian and industrial complex. Depreciation of work and means of production became other positive effect from devaluation that blocks negative consequences, such as: reduction of availability of technologies and rise in price of the credits in foreign currency. In the conditions of instability in the foreign exchange market it is possible to allocate a priority of sustainable development of domestic agriculture.

Authors: Trukhachev Vladimir Ivanovich, Skliarov Igor IUrevich, Skliarova IUliia Mikhailovna