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To what extent can russian agriculture companies develop and compete - Essay Example

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If there is one thing that is unique with the contemporary world, it is the that fact people across the world have easier access to the goods and products of other countries. This reality has been made possible by globalization. For globalization allows “greater…
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asing flows of labor.”2 However, it should be noted that globalization is not solely economic in nature but that it also includes cultural, technological, educational and other similar forms of exchanges among nations. Being such, it can be claimed that globalization plays a very integral role in the creation and understanding of the economic impetuses and policies of each and every country in the world today. And it is in this sense that Russia today is no different. It too since the reform period of 1990 to the present is trying to integrate in its economic policies and strategies the demands made by globalization.

And this effort is congruent with the sentiment of experts in the fields of economics, business and politics who hold the idea that a global “exposure may help make the Soviet economy more efficient”3 In recognition of the vast potentiality of Russia in the global market, the researcher deems to look specifically into Russian agricultural sector focusing on AGRICO’s role in the further development of Russian agricultural sector both in local market and in the global sector. And this is done with the hope that despite the humongous problems within the sector which is rooted historically, Russian agriculture together with AGRICO manifest fundamental role of agriculture in Russian economy in particular and in the global economy in general.

As stated earlier, this research will primarily focus on Russian agricultural sector with AGRICO as its focal point. In order to be able to clarify the pivotal role of AGRICO in understanding Russia’s effort in achieving global competitiveness in the agricultural sector of the global market, there are four questions which will be addressed. These are: Being such, this research will not touch on the entire Russian economy and politics but will zero-in only its agricultural sector, the researcher does not deny the interconnectedness of all the industries within the economy but for the purpose of

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