IDEAS home Printed from https://ideas.repec.org/p/zbw/iamodp/14937.html
   My bibliography  Save this paper

Russian agri-food sector: 16 months after the breakdown of the monetary system

Author

Listed:
  • Poganietz, Witold-Roger

Abstract

In August 1998 the Russian foreign exchange market and financial system collapsed. As a consequence the rouble devaluated in real terms against the currencies of the main trade partners, generating an output push in the agri-food sector. This improved the financial health of most producer, thus opening a window of opportunity enhancing the long run growth prospects. But, it is not apparent whether the agri-food sector make use of the enhanced circumstances. Insufficient incentive systems due to non-enforcement of legal rules within firms and farms and lack of credibility of Russian government promote a rent-seeking behaviour of employer and employees. Thus, it could be expected, that the non-price competitiveness of Russian products will rather worsen than getting better.

Suggested Citation

  • Poganietz, Witold-Roger, 2000. "Russian agri-food sector: 16 months after the breakdown of the monetary system," IAMO Discussion Papers 25, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    • Handle: RePEc:zbw:iamodp:14937
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/28577/1/311680569.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frohberg, Klaus & Hartmann, Monika, 1997. "Comparing Measures Of Competitiveness," IAMO Discussion Papers 14879, Institute of Agricultural Development in Transition Economies (IAMO).
    2. Frohberg, Klaus & Hartmann, Monika, 1997. "Promoting Cea Agricultural Exports Through Association Agreements With The Eu - Why It Is Not Working -," IAMO Discussion Papers 14893, Institute of Agricultural Development in Transition Economies (IAMO).
    3. Michael Kopsidis, 2000. "Disintegration of Russian Grain Markets in Transition: Political and Economic Dimensions," Post-Communist Economies, Taylor & Francis Journals, vol. 12(1), pages 47-60.
    4. Frohberg, Klaus & Hartmann, Monika, 1997. "Comparing measures of competitiveness," IAMO Discussion Papers 2, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    5. Serova, Eugenia & von Braun, Joachim & Wehrheim, Peter, 1999. "The Impact of Financial Crisis on Russia's Agro-Food Sector," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 26(3), pages 349-370, August.
    6. Frohberg, Klaus & Hartmann, Monika, 1997. "Promoting CEA agricultural exports through association agreements with the EU: why it is not working," IAMO Discussion Papers 1, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    7. Weingarten, Peter, 1997. "Agri-environmental policy in Germany: soil and water conservation," IAMO Discussion Papers 4, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Petrick, Martin & Latruffe, Laure, 2003. "Credit access and borrowing costs in Poland's agricultural credit market: a hedonic pricing approach," IAMO Discussion Papers 46, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    2. Girgzdiene, Vilija, 1998. "Restructuring the Lithuanian food industry: problems and perspectives," IAMO Discussion Papers 9, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    3. Wildermuth, Andreas, 1999. "What kind of crop insurance for Russia?," IAMO Discussion Papers 20, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    4. Wahl, Olaf & Weber, Gerald & Frohberg, Klaus, 2000. "Documentation of the Central and Eastern European Countries Agricultural Simulation Model (CEEC-ASIM Version 1.0)," IAMO Discussion Papers 27, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    5. Gramzow, Andreas, 2006. "Local partnership as an incubator for rural development: the case of Debrzno, North-Western Poland [Lokale Partnerschaft als Inkubator für ländliche Entwicklung: Das Beispiel Dębrzno, Nordwestpolen," IAMO Discussion Papers 90, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    6. Frohberg, Klaus & Hartmann, Monika, 1997. "Comparing measures of competitiveness," IAMO Discussion Papers 2, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    7. Uvarovsky, Vladimir & Voigt, Peter, 2000. "Russia's agriculture: eight years in transition - convergence or divergence of regional efficiency," IAMO Discussion Papers 31, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    8. Epstein, David B. & Siemer, Jürgen, 1998. "Difficulties in the privatisation and reorganisation of the agricultural enterprises in Russia," IAMO Discussion Papers 8, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    9. Petrick, Martin, 2004. "Can Econometric Analysis Make (Agricultural) Economics A Hard Science? Critical Remarks And Implications For Economic Methodology," IAMO Discussion Papers 14911, Institute of Agricultural Development in Transition Economies (IAMO).
    10. Petrick, Martin, 2004. "Governing Structural Change And Externalities In Agriculture: Toward A Normative Institutional Economics Of Rural Development," IAMO Discussion Papers 14878, Institute of Agricultural Development in Transition Economies (IAMO).
    11. Bojnec, Stefan & Ferto, Imre, 2007. "Comparative Advantages In Agro-Food Trade Of Hungary, Croatia And Slovenia With The European Union," IAMO Discussion Papers 90870, Institute of Agricultural Development in Transition Economies (IAMO).
    12. Gramzow, Andreas, 2006. "Endogenous initiatives as a chance to improve rural livelihood? Results of a case study in Bal­tow, South-Eastern Poland [Tourismus als eine Möglichkeit zur Erhöhung des ländlichen Einkommens? Erge," IAMO Discussion Papers 95, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    13. Fischer, Christian, 2004. "Assessing Kosovo's horticultural potential: the market for fruit and vegetables on the Balkans," IAMO Discussion Papers 67, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    14. Baum, Sabine & Trapp, Christian & Weingarten, Peter, 2004. "Typology of rural areas in the Central and Eastern European EU new member States," IAMO Discussion Papers 72, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    15. Weingarten, Peter, 1997. "Agri-Environmental Policy In Germany - Soil And Water Conservation -," IAMO Discussion Papers 14912, Institute of Agricultural Development in Transition Economies (IAMO).
    16. Brosig, Stephan & Yakhshilikov, Yorbol, 2005. "Interregional Integration Of Wheat Markets In Kazakhstan," IAMO Discussion Papers 14921, Institute of Agricultural Development in Transition Economies (IAMO).
    17. Hockmann, Heinrich & Pieniadz, Agata & Goraj, Lech, 2007. "Modeling heterogeneity in production models: empirical evidence from individual farming in Poland [Modellierung der Heterogenität der Faktorqualitäten in Produktionsfunktionen: Empirische Ergebniss," IAMO Discussion Papers 109, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    18. Schnicke, Hauke & Happe, Kathrin & Sahrbacher, Christoph, 2007. "Structural change and farm labour adjustments in a dualistic farm structure: a simulation study for the region Nitra in southwest Slovakia [Landwirtschaftliche Beschäftigung und Strukturwandel in d," IAMO Discussion Papers 112, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    19. Gramzow, Andreas, 2005. "Experience with endogenous rural development initiatives and the prospects for Leader+ in the region Dolina Strugu, Poland [Erfahrungen mit endogenen ländlichen Entwicklungsmaßnahmen und Aussichten," IAMO Discussion Papers 89, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    20. Poganietz, Witold-Roger, 2000. "Russian Agri-Food Sector: 16 Months After The Breakdown Of The Monetary System," IAMO Discussion Papers 14937, Institute of Agricultural Development in Transition Economies (IAMO).

    More about this item

    Keywords

    agrifood sector; macroeconomic environment; exchange rate policy; agricultural credit market; Russia; Land- und Ernährungswirtschaft; Wechselkurspolitik; Makroökonomische Rahmenbedingungen; Agrarkreditmarkt; Russland;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • Q19 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:iamodp:14937. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iamoode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.