Prospects for national agriculture in the new reality

¹ Kabardino-Balkarian State Agricultural University named after V.M. Kokov, Lenin Avenue, 1V, 360030 Nalchik, Russia
² Regional Fund “Center for Entrepreneurship Support of the KBR”

Abstract

The term “new reality” entered the lexicon of economists in the last decade. It means fundamental changes in the economy, which are predominantly economic in nature, also expanded in engineering and technology, sociology, politics and psychology. In 2020, the “new reality” supplemented with Covid-19. It seems that the reason for its strong influence on the economy is that Covid-19 is becoming a kind of economic factor related not even with the development of pharmacology, epidemiology, etc., but with the fact that it touched one of the most dynamically developing spheres of the economy - services. Agriculture has also faced the “new reality” in a new century. But in contrast to the economy, its “new reality” is formed by qualitatively different factors: climate, weather, social polarization of societies, increased consumption and decrease of the matrix of basic factors of agricultural production. In this regard, a study of the prospects for national agriculture merits attention.