Държавна регулация на цените на храните: икономически последици и предизвикателства
State Regulation of Food Prices: Economic Effects and Challanges

Author(s): Madlen Mitkova
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Business Economy / Management, Governance, Sociology, Economic policy, Security and defense, Economic development, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: state regulation; inflation; food; economic effects; market mechanisms
Summary/Abstract: In recent years, the issue of rising food prices has become one of the most significant socio-economic issues. Global supply chains, inflationary pressures, rising production costs and geopolitical crises contribute to price volatility, posing serious challenges to consumers, businesses and governments. In response to the rising cost of living and societal pressures, many countries, including Bulgaria, have begun to discuss or implement measures to contain prices through government regulation. Although such interventions are often presented as a mechanism to protect households from speculative price gouging and social inequality, economists warn that they can lead to deficits, a decline in investment and distortions in the competitive balance of the market. This article will analyse the main factors leading to food price rises, the role of the state in price regulation and the potential effects of such measures on the economy, consumers and retailers. Is it possible for the state to effectively control prices without negative consequences, or does the free market remain the best mechanism to regulate the value of goods?

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