Home  Journals  National Interests: Priorities and Security  6(363) - 2018 June

Financial control of the import substitution initiative in food security of the region through the systems analysis: Evidence from the Vologda oblast

Vol. 14, Iss. 6, JUNE 2018

Article PDF Version

Received: 6 March 2018

Received in revised form: 24 March 2018

Accepted: 12 April 2018

Available online: 15 June 2018

Subject Heading: FOOD SECURITY

JEL Classification: P25,Q40, R58

Pages: 1109–1124

https://doi.org/10.24891/ni.14.6.1109

Importance The article reviews ways for enhancing the food security of the Vologda Oblast as part of the import substitution initiative. I examine mechanisms for evaluating food resources of the Vologda Oblast, identify food production bottlenecks. The article calls for a set of politically neutral measures to promote the import substitution initiative and proposes approaches to finding alternative solutions.
Objectives The research comprehensively addresses the issue and evaluates the food resources of the Vologda Oblast as part of the import substitution initiative.
Methods I apply methods of analysis, comparison, decision tree, planning, forecasting, abstraction.
Results The Vologda Oblast was found to import some products, notwithstanding the existing potential and capabilities for food production. Therefore it puts the food and economic security of the region at peril. I propose and substantiate scientific approaches to finding alternative import substitution solutions.
Conclusions and Relevance Forging an absolutely new regional strategy for import substitution, it is necessary to control import substitution indicators of the large region as a whole, implement scientific approaches to alternative solution, outline effective measures to develop the meat production cluster in the Vologda Oblast’s agriculture with federal and regional funding.

Keywords: import substitution, food security, financial control, decision tree

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