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The Art of Agrarian Policy: Protectionism or Free Trade?

The article considers the results of the policies of protectionism and free trade in the development of the agrifood sector in Russia and the world. An analysis of Russian grain markets and livestock production casts doubt on the strategy chosen by the government. It is shown that the omission of Belarus from the embargo on food led to the deformation of economic integration within the framework of the Eurasian Economic Union, activated gray customs schemes, and led to a sharp increase in the share of Belarusian products in the most important segments of the Russian food market. The results of the present study can be used to develop economic policy in the agrifood sector.