Structural Transformation of Accumulation and Consumption in Agricultural Production as the Basis of Its New Industrialization

The article justifies the need to accumulate capital while ensuring a proportionate growth in final consumption for the development of the economy. The new industrialization of the agricultural sector implies the rearmament of its material and technical base. The main problem causing such low investment credit indicators in Russia is that banks are only engaged in making profits and are not interested in developing the real economy. Monetary policy needs to be regulated to ensure accessibility to an investment loan, increase business interest in domestic achievements of scientific and technological progress. The organization of expanded reproduction of fixed capital will make it possible to overcome the import dependence of the country's agricultural sector on knowledge-intensive means of production. In order to neo-industrialize the country’s agricultural sector, the Russian government should increase the efficiency of state investment investments, reduce dependence on critical imports, eliminate the disparity in prices for industrial and agricultural products, and develop debt financing mechanisms.