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Resilience of Russia’s agri-food market under customs imbalances of the Eurasian integration

Author:

Victor Ye. Kovalev, Ural State University of Economics, Ekaterinburg, Russia

Aleksandr N. Semin, Ural State University of Economics, Ekaterinburg, Russia

Abstract.

The research into the issues of agri-food systems resilience holds a special place in the world agricultural economics due to a multiplicity of new challenges faced by agricultural markets, their increased volatility and enhanced impact of endogenous and exogenous shocks. Along with this, the agri-food systems being systemic elements are exceptionally important for both national economies and a whole range of sectors of the world economy. The paper aims to uncover the reasons and consequences of the customs imbalances emerging in the agri-food market of Russia. These imbalances result from the clash of national economic interests, legal, organisational and management collisions while constructing a common customs tariff policy of the Eurasian Economic Union (EAEU) in the sphere of circulation of agri-food products and adversely affect the market resilience. Methodologically, the research rests on the theoretical propositions of the regional economic integration, trade policy, and customs tariff regulation of the agricultural markets; uses methods of comparative analysis, synthesis, systematisation. The paper puts forward a set of methodological solutions to the creation of external (supranational) and internal (national) framework of the digital system of tracking exempted agri-food goods. The findings may underlie the changes in the system of the state regulation of the agro-industrial complex under the EAEU and the development of new mechanisms to strengthen resilience of the agri-food market of Russia.

Keywords: agri-food market; integration; Eurasian Economic Union; resilience; customs policy

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For citation: Kovalev V. E., Semin A. N. (2021). Resilience of Russia’s agri-food market under customs imbalances of the Eurasian integration. Journal of New Economy, vol. 22, no. 3, pp. 28–43. DOI: 10.29141/2658-5081-2021-22-3-2