Sectoral policy

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Sectoral Policy - the policy of the state preferring the development of selected areas of economic activity (at the expense of other areas). The most common are industry and agriculture, and, more specifically, specific production ranges within both fields.

The goals of sectoral policies include increasing international competitiveness, increasing supply security and securing employment in sectors affected by sectoral policies.

Sectoral policies in agriculture are common and long-term in developed countries. Its main objective is to provide producers with increased income levels by supporting the profitability of production when the income in a given country is threatened by foreign farming, a more profitable and dynamic non-agricultural sector or uncertainty of climatic conditions. Bibliography

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