Leasing impact on transformation processes in the Russian agricultural sector under sanctions pressure

At the present stage, the issues of sustainable development of the Russian agricultural sector and strengthening its technical potential in the context of sanctions pressure are becoming especially relevant. One of the most useful tools in solving these problems is leasing. The purpose of this article is to analyse promising directions for the development of leasing as the effective form of technical support for agricultural production in the current conditions. The study has used general scientific methods (analysis and synthesis, economic and statistical, graphical, etc.). The main trends now emerging in the domestic market are highlighted from the point of view of manufacturers of agricultural machinery and goods. With consideration to the current situation in the domestic market, decreased prices for agricultural products and rapid growth of prices for agricultural machinery, the most promising areas for the use of leasing mechanisms have been proposed to help accelerate technical re-equipment in the agricultural sector: application of leasing solutions in the agricultural industry that have already been tested and proven successful in other market segments (for example, subscription, agrocarsharing, etc.); combination of leasing mechanisms with trade-in programmes which make it possible to comprehensively solve issues not only of updating machinery and tractor fleet, but also of recycling worn-out agricultural equipment; use of leasing mechanisms for the development of machine and technological complexes as a modern form of joint use of machinery in agriculture which allows accelerating technical equipment of the industry. The proposed directions can help ensure systemic development and quicken the technical re-equipment of the Russian agricultural sector.

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Publication Details

Journal
Vestnik Universiteta
Published
2024-08-30
DOI
https://doi.org/10.26425/1816-4277-2024-7-70-78
Primary Topic
Agricultural Development and Policies
Type
article
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article

Leasing impact on transformation processes in the Russian agricultural sector under sanctions pressure

Yuliya V. Chutcheva, A. A. Kiritsa
Vestnik Universiteta
Agricultural Development and Policies
article

Leasing impact on transformation processes in the Russian agricultural sector under sanctions pressure

Yuliya V. Chutcheva, A. A. Kiritsa
article en

Abstract

At the present stage, the issues of sustainable development of the Russian agricultural sector and strengthening its technical potential in the context of sanctions pressure are becoming especially relevant. One of the most useful tools in solving these problems is leasing. The purpose of this article is to analyse promising directions for the development of leasing as the effective form of technical support for agricultural production in the current conditions. The study has used general scientific methods (analysis and synthesis, economic and statistical, graphical, etc.). The main trends now emerging in the domestic market are highlighted from the point of view of manufacturers of agricultural machinery and goods. With consideration to the current situation in the domestic market, decreased prices for agricultural products and rapid growth of prices for agricultural machinery, the most promising areas for the use of leasing mechanisms have been proposed to help accelerate technical re-equipment in the agricultural sector: application of leasing solutions in the agricultural industry that have already been tested and proven successful in other market segments (for example, subscription, agrocarsharing, etc.); combination of leasing mechanisms with trade-in programmes which make it possible to comprehensively solve issues not only of updating machinery and tractor fleet, but also of recycling worn-out agricultural equipment; use of leasing mechanisms for the development of machine and technological complexes as a modern form of joint use of machinery in agriculture which allows accelerating technical equipment of the industry. The proposed directions can help ensure systemic development and quicken the technical re-equipment of the Russian agricultural sector.

Vestnik Universiteta(7)
Moscow State Agroengineering University named after V.P. Goryachkin (RU)
Zero hunger
Openalex Percentile: Top 81%
Agricultural Development and Policies
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