The influence of socio-economic factors on the effectiveness of agricultural enterprises
Abstract and keywords
Abstract (English):
The article examines the impact of socio-economic factors on the performance of agricultural enterprises in Russia during the period associated with the increased impact of sanctions and the crisis. The effectiveness of agricultural enterprises in current conditions is influenced by a whole range of political and related socio-economic factors. For agricultural enterprises, the sanctions caused difficulties in acquiring the necessary fertilizers, raw materials and imported equipment, which required the search for alternatives or the creation of domestic analogues in order to ensure the continuity of agricultural production. However, these scenarios in any case contributed to a significant increase in the level of production costs relative to previous years, which exacerbated the need to balance the interests of agricultural producers and the state. The study analyzed the main socio-economic indicators characterizing the development of Russia and agricultural production in 2019-2024. As a result of the research, a hypothesis was formed that the development of agricultural enterprises in modern conditions is significantly influenced by socio-economic factors due to the prevailing political and economic situation. In the course of the work, it was found that the formed hypothesis is confirmed by the results obtained. Producer prices of agricultural products in all years, with the exception of 2022 and 2024, have grown at a higher rate than the average in the consumer market. This is a consequence of a significant increase in farmers' production costs, as prices for raw materials and supplies needed for production have also increased critically. A key factor in the rise in prices for raw materials and supplies needed for agricultural production is the increased sanctions pressure on the economy and the resulting import restrictions, as well as the forced increase in the key interest rate as a measure of credit and financial regulation.

Keywords:
food security, agriculture, agricultural production, monetary policy, purchasing power of the population, price index, efficiency
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References

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