THE ANALYSYS OF THE PROBLEMS AND RESULTS OF INSTITUTIONAL REGULATION IN FOREIGN COUNTRIES’ AGRICULTURE

Abstract

The article is devoted to the study ofproblems of institutional regulation in agriculture in Canada, China, the USA, Australia and the countries of the European Union. It reflects a situation in which the authorities of these states apply formal rules in the vector of primary support for capital-intensive farms and agricultural holdings. As a result, the framework for the development of the family farming movement is narrowing, since low-income economic institutions cannot cope with the consequences of market failures.

Keywords

• institutional regulation
• institute-rules
• institutions of the power
• farms
• agriholdings
• manysided contracts
• state payments
• budget costs