THE IMPACT OF THE IMPLEMENTATION OF GUARANTEED AND INTERVENTION PRICES ON FOOD SECURITY

Abstract

Improving food security in contemporary conditions directly depends on solving numerous issues. It is crucial to consider that the processes of globalization significantly impact food security. In countries where the influence of import channels on the food market is high, this often leads to a deterioration in food security. Therefore, there is an urgent need for state regulation measures. The regulatory measures implemented by the government to improve food security, especially in the context of globalization and market economies, involve the application of guaranteed and intervention prices. The implementation of both guaranteed and intervention prices is considered one of the indirect tools for regulating the food market and does not contradict the fundamental principles of market economies. The application of these price controls particularly involves the government's procurement processes, which stabilize market prices and the incomes of agricultural producers. Such interventions create favorable conditions for stabilizing food prices and improving food security. In this environment, it becomes possible to improve food security by ensuring equal access to the food market for producers. Imbalances in the food market, particularly among low-income populations, can lead to food security issues.