World experience of investing in agriculture: adaptation to modern realities of the Republic of Kazakhstan

2022

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DOI 10.46666/2022-4.2708-9991.02
Data confidence 70 medium
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Abstract

The goal – is to develop proposals for adapting the world experience in financing agriculture to the realities of Kazakhstani economy. Methods – statistical, comparative analysis, comparison, generalization of results. Results – positive aspects of the world practice of investing in agricultural sector and possibility of using its levers and tools in domestic conditions have been identified. Emphasis is placed on one of the main problems of competitiveness of any state - ensuring self-sufficiency of the national economic system. The features of attracting investments in agro-industrial complex of the republic, current state and trends in expansion of investment activity are analyzed. Measures for the effective management of inv estment processes are proposed. The problems of investment provision of the country's AIC are shown. As a result of the lack of effective market infrastructure, high riskiness, and relatively weak dynamics of making profit from investments, agro-industrial production has a low investment attractiveness, which, in turn, repels a significant part of investment resources to other industries that quickly pay off. The international experience has been studied and directions of public support for agriculture in foreign countries have been determined. Conclusions – in order to attract and develop investment funds, it is necessary to use regulatory methods aimed at improving the effectiveness of investment activities, which must correspond to the appropriate level of economic development of the State. The authors state that the guarantee of food security directly depends on the amount of investment in agricultural sector, which allows creating additional jobs, taking a leading position in the world market, and increasing export potential. Justification of investment policy in each State should be the result of a thoughtful and purposeful choice, taking into account the distinctive features of potential investors and specifics of particular economic situation.