FEATURES OF STATE SUPPORT FOR THE DEVELOPMENT OF COMPETITIVE PRODUCTION

The strengthening of the processes of globalization and the aggravation of food supply problems for the world's population requires further development of the domestic agro-industrial complex and its integration into the world food system. It is essential to guarantee the stability and predicta...

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Bibliographic Details
Published inMODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS no. 1; pp. 240 - 246
Main Author GUOHE, Qin
Format Journal Article
LanguageEnglish
Published 30.03.2023
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Summary:The strengthening of the processes of globalization and the aggravation of food supply problems for the world's population requires further development of the domestic agro-industrial complex and its integration into the world food system. It is essential to guarantee the stability and predictability of agrarian policy at the state level to create a more favorable business environment for the country's agrarian business. Achieving positive socio-economic effects of the functioning of competitive entrepreneurship is possible only in the presence of systemic support for its development, where the most important place is given to the state, which creates conditions for increasing the number of enterprises and ensuring their functioning with high economic efficiency and resource efficiency. State support of business entities is a system of measures. It means provided by law, which aims to form and ensure the effective functioning of the system of business entities. State regulation of the agrarian sector of the economy is carried out in the form of a set of measures in the agrarian sector through the economic influence of the state on the processes of production, processing, and sale of agricultural products, raw materials, and food to preserve the food security of the country and its regions, stabilize agro-industrial production and overcome sectoral disparities. Following the current legislation, support for business entities includes financial, property, informational, consulting support, support in training and advanced training of employees, and support in innovation and industrial production. The country's agrarian policy should be aimed at the development of competitive agricultural production through state interventions in agricultural products, setting domestic prices and customs tariffs in the interests of domestic producers, providing producers with material and technical resources for the production of agricultural products, and guaranteeing the country's food security.
ISSN:2786-5355
2786-5363
DOI:10.31891/mdes/2023-7-33