FOREIGN EXPERIENCE OF PRICE REGULATION IN THE AGRO-FOOD SPHERE IN THE CONTEXT OF GLOBAL CHALLENGES AND THREATS
Issue № 10, vol. 1, 2025, article № 4, pages 30-40
Language: Russian
Original language title: ЗАРУБЕЖНЫЙ ОПЫТ РЕГУЛИРОВАНИЯ ЦЕН В АГРОПРОДОВОЛЬСТВЕННОЙ СФЕРЕ В УСЛОВИЯХ ГЛОБАЛЬНЫХ ВЫЗОВОВ И УГРОЗ
Keywords: AGRICULTURAL SECTOR, PRICE VOLATILITY, GOVERNMENT REGULATION, PRICE INDICES, INTERVENTION STOCKS, INFLATION, INTERNATIONAL TRADE, WORLD PRICES, FOOD SECURITY, FOOD CRISIS
Abstract: The article is devoted to the issues of price regulation for agricultural products in the context of global challenges and threats. The study analyzes foreign experience in regulating prices for agricultural products, identifies key trends and factors influencing the pricing process, and substantiates the need for state regulation of prices in crisis conditions. In market economy, direct price regulation occurs in rare cases. In market economies, direct price regulation occurs in rare cases. Indirect price regulation is an optimal mode of smoothing out stable price surges compared to direct regulation. Indirect price regulation is an optimal mode of smoothing out persistent price surges compared to direct regulation. In the short term it may be effective, but in the long term it carries the risk of reduced competition and negative consequences for the national economy. Fluctuations in food prices constrain the flow of investment needed to develop agriculture, as increased financial risks and uncertainty reduce the activity of producers and trade organizations. Price volatility and the growth of price imbalances confirm the need to develop appropriate mechanisms for their regulation, which should be aimed at the long-term balanced development of the agro-industrial complex, and above all, agriculture. Government regulation is necessary to stabilize food prices and prevent sharp price hikes in order to avoid further aggravation of social inequality and to ensure stability in the economy.
Authors: Osinina Aleksandra IUrevna