Kazan (Volga region) Federal University, KFU
KAZAN
FEDERAL UNIVERSITY
 
FINANCIAL IMPACT OF DIGITAL TECHNOLOGIES AS A PROMISING ELEMENT OF IMPORT SUBSTITUTION
Form of presentationArticles in international journals and collections
Year of publication2020
Языканглийский
  • Bulatova Elvira Ildarovna, author
  • Amirova Elmira Failovna, author
  • Bibliographic description in the original language Bulatova E.I, Amirova E.F., Financial Impact of Digital Technologies as a Promising Element of Import Substitution//International Journal of Financial Research. - 2020. - Vol.11, Is.5. - P.392-398.
    Annotation This article examines the financial elements of agricultural production digital architecture in Russia during the transition to the fourth technological stage in order to compete and import substitution in the agro-industrial market of the country. The pandemic and its consequences have had a negative impact on the Russian economy, in the context of the country's insufficient food security and the inevitable increase in prices for imported goods, due to rising prices for hydrocarbons and the predominance of low-value-added food products in exports. Due to the weakening of the ruble against the falling oil prices, the economy may face the need for a new wave of import substitution. This study identifies the problems of the agricultural sector and the reasons for Russia's high dependence on imports justify the need to develop high-tech technologies. Authors determined the development directions of agricultural production digitalization in Russia through innovative agricultural technologies based on the Internet of things, distributed computing, and artificial intelligence technologies. Increasing the level of the agro-industrial complex development, bringing it to a new independent stage, is vital. However, it is impossible without state support and the digitalization of technological processes.
    Keywords modernization, digital economy, digitalization, agriculture, automation, import substitution of products
    The name of the journal International Journal of Financial Research
    URL https://www.scopus.com/inward/record.uri?eid=2-s2.0-85096304125&doi=10.5430%2fijfr.v11n5p392&partnerID=40&md5=0afed79c3f10f0055306bdee888c79e3
    Please use this ID to quote from or refer to the card https://repository.kpfu.ru/eng/?p_id=243317&p_lang=2
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