Kazakhstan’s Protectionist Model of Agricultural Market Development in EAEU Conditions

Abstract

This research investigated the development of the agricultural market of the Republic of Kazakhstan in EAEU conditions. It was noted that the special importance of the agricultural sector for the stimulation of investment activity is determined, firstly, by the fact that this sector has an inter-industry interconnection with the manufacturing sector, which is why investments in their development produce the greatest cumulative effect while stimulating demand for products of related industries and forming their own investment potential. Secondly, products of these industries are characterized by mass and steady demand on the domestic market. Thirdly, most products of the light and manufacturing industry are competitive on not only the domestic, but also some foreign markets. Forced industrial and innovative processes and the creation of the Eurasian Economic Space necessitate the development of a scenario for the development of competitiveness, which would incorporate the main strategic provisions of economy modernization programs of Belarus, Kazakhstan, and Russia. The practical implications of this research consist in the development and implementation of recommendations regarding the improvement of the investment and innovation support of the agricultural sector in Kazakhstan. The results of this research can be used to develop and implement target programs for the development of the agro-industrial complex in the country.