Current Status and Future Directions of the State Support for Ukrainian Dairy Sector
Journal Title: Бізнес Інформ - Year 2015, Vol 8, Issue 0
Abstract
Dairy sector is a classic example of the socially-oriented industry sector, whose products contain over a hundred different valuable nutrients, which is in demand by all segments of the population regardless of age, sex, residence and well-being. The article discusses the most topical issues of the analysis of volumes of the State support for dairy sector, the instrumental-contensive ensuring of macroeconomic controls for regulating its development. Attention has been paid to the key factors that have shaped the stagnation processes in the dairy industry sector in the light of the growing needs of fully or partially artificial feeding more than half infants in Ukraine, which occurs against the background of the positional uncertainty of the industry sector in the markets of the European Union member countries, which, in turn, are the acknowledged priorities of the strategic documents of the highest level, in particular strategies for sustainable development «Ukraine - 2020» and the Uniform integrated strategy for the development of both agriculture and rural areas to 2015-2020. As result, we have determined that the State support for milk production is deformed towards indirect support, is tendentiously correlated with the State policy in respect of the entire agrarian sector of Ukrainian economy. Considering this, we have proposed three scenario directions for development of dairy industry sector, each of which has a special set of instruments, suitable for a specific industry development cycle, relates to the real possibilities of the State budget of Ukraine, as well as combines both direct and indirect State support for its development.
Authors and Affiliations
Andriy Zablovskiy, Serhiy Petrukha, Nataliia Nazukova
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