AGRARIAN POLICY OF THE REPUBLIC OF KOREA: STRUCTURAL CHANGES AND NEW DIRECTIONS OF FORMATION

Issue № 9, 2024, article № 1, pages 4-11

Section:

Language: Russian

Original language title: АГРАРНАЯ ПОЛИТИКА РЕСПУБЛИКИ КОРЕЯ: СТРУКТУРНЫЕ ИЗМЕНЕНИЯ И НОВЫЕ НАПРАВЛЕНИЯ ФОРМИРОВАНИЯ

Keywords: AGRICULTURAL POLICY, STRUCTURAL CHANGES, GOVERNMENT SUPPORT, FOOD SUPPLY, ADAPTATION TO THE MARKET ENVIRONMENT, FARMERS&, #39, INCOME, EVOLUTION, ECONOMIC GROWTH

Abstract: In the context of significant economic growth in recent decades, Korea's agricultural sector has faced a number of structural problems in a very short period of time. Multilateral and bilateral trade agreements have also forced some sectors of the agricultural sector to adapt to a more competitive market environment. Agricultural policy in Korea has evolved from a stable supply of staple foods and self-sufficiency in rice to a more diversified focus: ensuring product competitiveness throughout the food chain, environmental sustainability of production, reducing the income gap between rural and urban households, and improving the quality of life in rural areas. The latest Five-Year Strategic Plan for 2018-2022 emphasizes the reorientation of agricultural policy to ensure the stability of farmers' income and quality of life, as well as the balanced development of agricultural production and environmental conservation, aimed at meeting the various needs of society in agriculture and rural areas.

Authors: Paptsov Andrei Gennadevich