Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade

For decades, international trade has contributed to the reduction of global poverty and the income gap between countries, and the development of intercountry exchange of agricultural products has largely ensured the solution of problems of poverty and food security. At the same time, at the present...

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Main Authors: E. N. Smirnov, E. A. Karelina, M. G. Pletnev
Format: Article
Language:English
Published: Publishing House of the State University of Management 2024-11-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5556
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author E. N. Smirnov
E. A. Karelina
M. G. Pletnev
author_facet E. N. Smirnov
E. A. Karelina
M. G. Pletnev
author_sort E. N. Smirnov
collection DOAJ
description For decades, international trade has contributed to the reduction of global poverty and the income gap between countries, and the development of intercountry exchange of agricultural products has largely ensured the solution of problems of poverty and food security. At the same time, at the present stage, a high degree of dependence of many developing countries on food imports has occured, while its global exporters have faced a number of restrictions on the supply of their agricultural products. This article analyses the impact of geoeconomic fragmentation of the international trade on the development of exports and imports of products of the agro-industrial complex (hereinafter referred to as AIC). In particular, the problems of competition in the world agro-food markets are discussed in a new context, since the growing problems of monopolisation in certain segments of the AIC disrupt the stability of agricultural markets. Exclusive attention is paid to the key aspects of the application of non-tariff measures in regulating trade of the agricultural products, which, in addition to the protective role, can have a distorting effect on world prices. Our analysis places particular emphasis on the hidden costs of global agri-food systems, which necessitate their rapid modernisation to ensure sustainability in the development of the agricultural markets and to address global food security issues.
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institution Kabale University
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language English
publishDate 2024-11-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-2af45021ddd44fdcb5950b1aefdf58e52025-02-04T08:28:22ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-11-010913414110.26425/1816-4277-2024-9-134-1413210Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international tradeE. N. Smirnov0E. A. Karelina1M. G. Pletnev2State University of ManagementState University of ManagementState University of ManagementFor decades, international trade has contributed to the reduction of global poverty and the income gap between countries, and the development of intercountry exchange of agricultural products has largely ensured the solution of problems of poverty and food security. At the same time, at the present stage, a high degree of dependence of many developing countries on food imports has occured, while its global exporters have faced a number of restrictions on the supply of their agricultural products. This article analyses the impact of geoeconomic fragmentation of the international trade on the development of exports and imports of products of the agro-industrial complex (hereinafter referred to as AIC). In particular, the problems of competition in the world agro-food markets are discussed in a new context, since the growing problems of monopolisation in certain segments of the AIC disrupt the stability of agricultural markets. Exclusive attention is paid to the key aspects of the application of non-tariff measures in regulating trade of the agricultural products, which, in addition to the protective role, can have a distorting effect on world prices. Our analysis places particular emphasis on the hidden costs of global agri-food systems, which necessitate their rapid modernisation to ensure sustainability in the development of the agricultural markets and to address global food security issues.https://vestnik.guu.ru/jour/article/view/5556аgro-industrial complexinternational tradegeo-economic fragmentationnon-tariff measuresfood securityagri-food systemsglobal value chainshidden costs
spellingShingle E. N. Smirnov
E. A. Karelina
M. G. Pletnev
Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
Вестник университета
аgro-industrial complex
international trade
geo-economic fragmentation
non-tariff measures
food security
agri-food systems
global value chains
hidden costs
title Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
title_full Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
title_fullStr Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
title_full_unstemmed Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
title_short Markets of agro-industrial complex products in conditions of geoeconomic fragmentation of the international trade
title_sort markets of agro industrial complex products in conditions of geoeconomic fragmentation of the international trade
topic аgro-industrial complex
international trade
geo-economic fragmentation
non-tariff measures
food security
agri-food systems
global value chains
hidden costs
url https://vestnik.guu.ru/jour/article/view/5556
work_keys_str_mv AT ensmirnov marketsofagroindustrialcomplexproductsinconditionsofgeoeconomicfragmentationoftheinternationaltrade
AT eakarelina marketsofagroindustrialcomplexproductsinconditionsofgeoeconomicfragmentationoftheinternationaltrade
AT mgpletnev marketsofagroindustrialcomplexproductsinconditionsofgeoeconomicfragmentationoftheinternationaltrade