The role of digital platforms in regulating the cyclicality of agricultural markets in Kazakhstan
Abstract
The purpose of this study was to substantiate the potential of using digital platforms to reduce the cyclicality of agricultural markets in Kazakhstan in the context of the modern transformation of agricultural production. The study used an applied analytical approach covering the period 2020-2024. The economic essence of the cyclical nature of agricultural markets was analysed, the regulatory framework for the management of the agro-industrial complex was investigated, and an empirical study of the East Kazakhstan and Akmola regions was conducted. In particular, in 2022, the gross volume of agricultural production in the Akmola region reached KZT 976.6 billion, which is 18.6% more than the previous year. In 2024, crop production dominated the region (up to 75% of production), while animal husbandry prevailed in East Kazakhstan (up to 60%). Investment programs were analysed, including the implementation of more than 670 projects with a total value of KZT 3.3 trillion by 2027, as well as the implementation of microcredit under the “Auyl Amanaty” program in the amount of KZT 100.5 billion. Particular attention was paid to the assessment of key digital platforms: Ger Inspector, Qoldau.kz, GeoPard, AgriSupp, which contributed to the reduction of information asymmetry, automation of subsidies, climate risk analysis, and production planning. The practical significance of the study lies in the possibility of using its results to develop regional strategies for the digital transformation of the agricultural sector in order to stabilise markets and strengthen food security
Keywords
sustainable development; technologies; farming; prices; market fluctuation
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