WORLD EXPERIENCE IN REGULATING STATE AGRICULTURAL ACTIVITIES

This research examines the main features of the world experience of state regulation of the agricultural sector and their effectiveness. The study is mainly based on the fundamental work of foreign scientists and identifies mechanisms for regulating the agricultural sector with government intervention. The experience of developed countries shows the need to regulate agricultural production. The «invisible hand» of the market can not create the necessary conditions for the full operation of enterprises in the agricultural sector, so it is necessary to have a targeted government policy to distribute a significant part of national income to support agriculture and its further development. Studies show that even in economically developed countries with a high level of development of the agricultural sector, there are no countries where the development of the agricultural sector is ensured without state participation.