Serikov, B.: Theoretical and Practical Aspects of Granting Subsidies to Manufacturers

Serikov, B.

Theoretical and Practical Aspects of Granting Subsidies to Manufacturers

Serikov B.
Dr.Nat.Sci./PhD
University “Syrdariya”
Auezov street 11, 160500 Zhetysai, Kazakhstan

Abstract

A patronizing governmental policy aimed at protecting manufacturers and verified methods enabling to determine the required agricultural subsidies are indispensable for the sustainable increment of the competitiveness of the agricultural industry of Kazakhstan. The “comparative priorities” assessment methodology was applied to analyse the situation in the irrigated cotton producing industry of the country. The obtained results and conclusions are recommended to the authorised agencies and local administrations for further implementation.

Keywords: Kazakhstan, University “Syrdariya”, agricultural subsidies, cotton producing industry, sustainable development

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