Ensuring Food Security of Developing Economy: Issues and Perspectives

Authors
A. Pyagay 1
K. Zhekeyeva 2
G. Aktailakova 3
M. Iskakova 1
Z. Tulegenova 1
1 Department of Economics and Innovation Business, University of Turan-Astana, Astana, Kazakhstan.
2 Department of Finance and Accounting, K.Zhubanov Aktobe Regional State University, Aktobe, Kazakhstan
3 Department of Economics and Tourism, S. Baishev Aktobe University, Aktobe, Kazakhstan.
Abstract
The aim of this study was to define the ways of solving problems in food security at the expense of domestic production. The gross output of agricultural, forestry and fishery products was applied as the main cost indicator. Using data from the surveyed areas, the yield level per hectare across the entire crop area was determined. Balance model was divided into resource and distributive parts and involved data obtained in state statistical observations and reports from administrative sources. Thus, in the article, there are proposed measures to balance the related development of agricultural production and a rise in effective demand. There are recommended measures on public regulation of Agro-Industrial Complex (AIC) that have a systemic nature and include the maximum possible use of indirect instruments, Calculations have shown that these measures will increase the share of domestic food, namely, the overall volume of salable resources of the internal market. There is a need to improve the mechanisms of financial leasing of agricultural machinery and industrial equipment for the processing industry and support agriculture to the extent permitted by WTO terms with a focus on restoring the equivalent relationship between agriculture, industry, and trade.

Keywords

Subjects

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Journal of Agricultural Science and Technology
Volume 20, Issue 6
November and December 2018
Pages 1085-1097