Organizational and economic mechanisms of functioning of the grain market of the New regions of the Russian Federation

Abstract

In the context of modern globalization and dynamic changes in agricultural markets, there arises a need to study and adapt organizational and economic mechanisms to enhance the competitiveness of individual regions. The new regions of the Russian Federation, possessing significant potential in grain production, require a special approach in the development and implementation of effective market functioning mechanisms. This article aims to analyze and improve such mechanisms to address current issues and enhance the resilience of the grain sector. Various research methods were used to achieve the set goals, including statistical data analysis, econometric modeling, expert surveys, and comparative analysis. The main focus was on identifying key factors influencing the functioning of the grain market, as well as analyzing best practices from other regions and countries. The study identified major problems hindering the effective functioning of the grain market in the new regions of the Russian Federation. These include uneven resource distribution, lack of investment in infrastructure, insufficient coordination between producers and distributors, and weak support from government bodies. Organizational and economic mechanisms were proposed, including improving credit policies, developing logistical infrastructure, implementing innovative technologies, and enhancing government support. The analysis of internal and external factors allowed for the formulation of a set of recommendations to ensure the sustainable development of the grain market in the new regions of the Russian Federation. The proposed measures include strengthening cooperation between various market participants, developing regional agricultural support programs, and creating favorable conditions for attracting private investments. Possible risks and barriers to the implementation of these measures are discussed, as well as ways to overcome them. The study's conclusions emphasize the need for a comprehensive approach to the development of the grain market in the new regions of the Russian Federation, taking into account the specifics of each region and modern economic realities. The implementation of the proposed organizational and economic mechanisms will enhance the competitiveness and resilience of the grain sector, contributing to the improvement of the socio-economic situation in the new regions and the country as a whole.