Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
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International experience in the regulation of the aquaculture products market

# 26 130-133 Download/view the full text of the article

УДК: 639.3:339.13(100)

DOI: https://doi.org/10.36887/2524-0455-2024-6-26

Shevel Oleksandr,
PhD Student of the Department of Global Economics
National University of Life and Environmental Sciences of Ukraine,
https://orcid.org/0009-0000-6481-428X

The article presents a comprehensive analysis of international experience in regulating the aquaculture product market and state support mechanisms, using the cases of Norway, Canada, Japan, and Chile to generalize best practices and regulatory instruments. The analytical framework proposed in this study is suggested for adaptation in the context of reforming the national aquaculture market governance system. It has been established that aquaculture is rapidly expanding worldwide as a priority sector for food security and export development. Through the analysis of theoretical foundations, it is demonstrated that public support has evolved from conventional growth financing to the stimulation of innovation-driven, export-oriented, and environmentally sustainable development. The global experience of aquaculture regulation confirms that effective public policy can significantly accelerate the growth of this sector. Each of the reviewed countries has followed its own path in shaping an optimal mix of regulatory tools and support mechanisms. The article highlights that adapting these approaches with consideration of local specificities can ensure effective development of the aquaculture sector in any country aiming to unlock its potential for economic growth and food security. For Ukraine, which is developing its own aquaculture and related markets, the experience of these countries is particularly relevant in several key areas: the development of a national-level strategy helps align the efforts of government, business, and academia toward common objectives such as increasing production volumes, enhancing export capacity, and addressing environmental challenges; institutional support for innovation acts as a driver of progress, since government programs, grants, and tax incentives for new technologies result in more efficient production processes; science-based environmental regulation is essential for the long-term stability of the sector, through the establishment of monitoring and control systems that prevent environmental degradation and disease outbreaks, thus protecting businesses from losses and fostering public acceptance of aquaculture. State-driven integration into global markets for aquaculture products further contributes to expanding market access and capturing higher added value in the industry.

Keywords: regulation, market, aquaculture, instrument, mechanism, food security challenges, circular economy, sector, export, added value.

References.

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The article was received 18.10.2024

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Shevel Oleksandr. 18.10.2024. International experience in the regulation of the aquaculture products market. The journal "Actual problems of innovative economy and law". 2024 / #6. 130-133pp. https://doi.org/10.36887/2524-0455-2024-6-26

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Shevel Oleksandr. "International experience in the regulation of the aquaculture products market". The journal "Actual problems of innovative economy and law". 18.10.2024. https://doi.org/10.36887/2524-0455-2024-6-26

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