ANALYSIS OF THE MEANING AND IMPACT OF SUBSIDIES ON THE DEVELOPMENT OF TOBACCO PRODUCTION IN MACEDONIA

Pashovska, Silvana and Kareska, Katerina ANALYSIS OF THE MEANING AND IMPACT OF SUBSIDIES ON THE DEVELOPMENT OF TOBACCO PRODUCTION IN MACEDONIA. In: 1st INTERNATIONAL SYMPOSIUM ON BIOTECHNOLOGY (28th SYMPOSIUM ON BIOTECHNOLOGY WITH INTERNATIONAL PARTICIPATION), 17-18 март 2023, Факултетот за агрономија од Чачак, Универзитетот во Крагуевац, РСрбија,.

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Abstract

With the payment of subsidies in agriculture, the Republic of North Macedonia remains consistent in supporting the development and advancement of the agricultural sector and specifically tobacco production as one of the main branches of the Macedonian economy. Of course, it is necessary to comply with the common agricultural policy of the European Union, which implies a change in domestic legislation. More specifically, it is a matter of passing three key laws for harmonizing national policies with EU agricultural policies, that is, the Law on Direct Payments, the Law on Rural Development and the Law on Regulation of Markets.
In this paper, the economic effect of subsidies is specifically analyzed, which should give an answer to the question: Do subsidies additionally feed the inflation that occurs as a reflection of global trends? It should be emphasized here that inflationary effects may have a limited direct impact, why subsidies cannot be the cause of product price fluctuations because fluctuations mostly depend on the effects of the overall fiscal and monetary policy.
Subsidies as a stimulus measure in agriculture, and thus in tobacco production, do not have a measurable effect on local development, but through investments in mechanization, processing facilities, infrastructure, etc., they can be a stimulus and an incentive for development. Greater awareness, training and education of the agricultural population and companies from this area would lead to their greater utilization and rational use.

Item Type:	Conference or Workshop Item (Paper)
Subjects:	Scientific Fields (Frascati) > Agricultural Sciences > Agricultural biotechnology
Divisions:	Scientific Tobacco Institute
Depositing User:	Prof. d-r. Silvana Pasoska
Date Deposited:	01 Nov 2024 10:54
Last Modified:	01 Nov 2024 10:54
URI:	https://eprints.uklo.edu.mk/id/eprint/10160

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