The Significance of the Experience of Foreign Countries in Government Financial Support of Agriculture

Authors

  • Musagaliev A. J Doctor of Economics, Professor of Karakalpak State University. 230100, Nukus. Uzbekistan
  • Dustova M. Kh Researcher, Karshi Engineering – Economics Institute, Uzbekistan

DOI:

https://doi.org/10.5281/zenodo.7782536

Keywords:

agriculture, state intervention, industry development, financial support, subsidization, foreign experience

Abstract

The article describes the state regulation of agricultural enterprises in international practice and their financial support in several forms. In particular, it is noted that there are two programs of financial support for agricultural enterprises in economically developed countries. First of them, the importance of the allocation of subsidies by the state when the market price of the product falls below the specified amount, and the second, when the income of agricultural enterprises falls below a specified amount, has been scientifically analyzed theoretically. The experiences of the USA and the European Union from foreign countries on issues of this direction have been thoroughly compared and researched. The authors noted the importance of using foreign experience in the implementation of network programs developed for subsidizing and crediting agricultural enterprises in the state financial support of the sector in the development of agriculture in Uzbekistan.

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Published

2023-03-31

How to Cite

Musagaliev A. J, & Dustova M. Kh. (2023). The Significance of the Experience of Foreign Countries in Government Financial Support of Agriculture. Partners Universal International Research Journal, 2(1), 163–167. https://doi.org/10.5281/zenodo.7782536

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Articles