ASSESSMENT OF IMPORT SUBSTITUTION POTENTIAL IN THE FOOD MARKET OF THE VOLGA FEDERAL DISTRICT
The article focusses on the challenges of a modern market economy and studies methodological guidelines for increasing the potential for import substitution in the food market. The impact of import substitution projects on the changes in sectoral structure and sectoral proportions of both regional and national economies are revealed. The author identiﬁ es the main requirements for increasing regional import-substituting potential: ensuring food independence, boosting reproduction processes, making full use of the resource potential, ensuring an optimal balance between the capacity of agricultural production and meeting the needs of population, optimal placement of agricultural facilities in the region. The level of food production potential for import substitution purposes in the regions of the Volga Federal District is assessed; different regions are classiﬁ ed according to their potential of import substitution.