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Research Reports

KREI publishes reports through medium- and long-term research related to agricultural and rural policies, and through studies in various fields to promptly respond to current issues.

Effects of Agricultural Income Stabilization Policies and Improvement Tasks (Year 1 of 2)

2026.01.20 376
  • Author
    Kim, Taehoo
  • Publication Date
    2026.01.20
  • Original

Purpose of Research
○ Since the 2000s, Korean agriculture has undergone structural changes characterized by a rapid decrease and aging of the farming population, which have been pointed out as major factors hindering the sustainability of the agricultural sector. In a situation where the inflow of new farmers has stagnated, the decline and aging of the farming population lead to a weakening of the sustainability of Korean agriculture, and underlying this is the instability of income in the agricultural sector.

○ Measures to stabilize farm income can largely be divided into policies aimed at increasing income and policies designed to reduce income volatility. Among the agricultural income stabilization measures currently being implemented by the government, these two pillars are broadly represented by agricultural disaster insurance, which mitigates income volatility, and the public direct payment scheme, through which the government directly pays farm households to raise their income levels.

(For more information, please refer to the report.)

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