Journal
APPLIED ECONOMIC PERSPECTIVES AND POLICY
Volume 34, Issue 1, Pages 37-75Publisher
OXFORD UNIV PRESS INC
DOI: 10.1093/aepp/ppr046
Keywords
Russia; transition; agricultural trade; grain; institutions; WTO accession; F14; P27; P32; Q17
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In the 2000s, Russia emerged as a major player in world agricultural markets, on both the supply (mainly grain) and demand side. This article examines Russias agricultural transition experience, which has resulted in a complex system of diverse producers and institutions, as well as uneven performance. Using a model of transition agriculture, the article explores how key reform policies drove systemic change and commodity restructuring, and how the ensuing changes in the production, consumption, and trade of goods have affected world markets. The article also assesses the performance of Russian agriculture during transition, and provides an outlook for the future.
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