ANALYSIS OF INVESTMENT ACTIVITY IN THE AGRICULTURAL SECTOR OF UKRAINE, DETERMINATION OF FACTORS AND WAYS OF ITS ACTIVATION

Keywords: investing, investment, agriculture, agricultural industry, the agricultural sector

Abstract

The article is devoted to topical issues of determining the factors and ways to intensify investment activities in the agricultural sector of Ukraine. In the broadest sense, investments provide a mechanism to finance growth and economic development. If the state is interested in a stable and strong economy, it should be at the legislative and executive levels to create a favorable investment climate. The analysis shows that in all developed countries, the agricultural sector of the economy enjoys public support. After all, this industry has a direct impact on food security, which in itself is a powerful political argument in the world. The sharp decline in state funding, the lack of effective and reasonable credit system in agriculture tight fiscal policy, the increase in agricultural imports contributed to domestic agricultural producers have lost all sources of generation and accumulation of capital, which in turn have a negative impact on the industry, technology related to agriculture. Introduction of innovative resource-saving technologies, increasing the sustainability of production systems, reconstruction of irrigation systems, storage systems, electrification, combined with economic support through financial institutions, improving the investment climate in the country will promote small business in rural areas, food security. The current state of the investment climate in Ukraine foreign investors rated as unsatisfactory. Sector credit and banking services and does not show active interest in investment projects in agricultural production that in a lease underdeveloped led to a situation where the main source of investment financing are own funds of enterprises and organizations. A significant contribution to make to its investment potential factors accumulated during many years of economic activity: cultivation area infrastructure, innovation potential and intellectual potential of the population. Investment in agriculture is insufficient. High investment attractiveness of the industry is a key factor in increasing its competitiveness, ensuring high and sustainable economic growth.

References

НазаренкоІ.М. Аналізінвестиційного забезпечен ня сільськогосподарських підприємств регіонів України Проблеми економіки. 2015. № 4. С. 136–143.

Готра В.В. Сучасний стан, фактори забезпечення та напрями активізації інвестиційної діяльності у сфері сільського господарства. Актуальні проблеми економіки. 2015. № 6(168). С. 114–121.

Черваньов Д. Менеджмент інвестиційної діяльності підприємств: навчальний посібник. Київ : Знання-Прес, 2003. 622 с.

Макаренко П.М., Балахнічова Л.М. Фінансово-кредитне забезпечення розвитку підприємств АПК : монографія. Херсон : МУБіП, 2006. 163 с.

Ільчук В., Шпомер Т. Інноваційно-інвестиційна діяльність АПК: сучасний стан і проблеми розвитку. Agricultural and Resource Economics. 2017. Vol. 3. № 1. Р. 108–118. URL: http://www.are-journal.com.

Мезенцева Н.І., Мороз І.М. Інвестиційна діяльність в агропродовольчому виробництві України: регіональні аспекти: монографія. Київ : Обрії, 2011. 163 с.

Резнік Н.П. Методологічні аспекти економічної оцінки інвестиційного клімату в Україні. URL: https://goo.gl/miUvYz.

Портал UCAB Український клуб аграрного бізнесу / Український клуб аграрного бізнесу. URL: https://goo.gl/C6hU5A.

Шубравська О. Інноваційний розвиток аграрного сектору економіки України: теоретико-методологічний аспект. Економіка України. 2012. № 1. С. 27–35.

Статистична інформація про інвестиційну діяльність сільського господарства, лісового та рибного господарства / Державна служба статистики України. Київ, 2019. URL: http://www.ukrstat.gov.ua/

Nazarenko, I. M. (2015), "Analyzing the investment support of agricultural enterprises in Ukrainian regions". Problemy ekonomiky, vol. 4, pp. 136–143.

Gotra V.V. (2015) Suchasnyj stan, factory zabezpechennja ta naprjamy aktyvizaciji investycijnoji dijaljnosti u sferi siljsjkogho ghospodarstva [The current state, factors of provision and directions of activation of investment activity in the field of agriculture]. Current problems of the economy, no. 6 (168), pp. 114–121.

Chervanov D. (2003) Menedzhment investyci-jnoji dijaljnosti pidpryjemstv [Management of investment activity of enterprises]. Kiev: Knowledge Press, 622 p. (in Ukrainian)

Makarenko, P. M. and Balakhnichova, L. M. (2006), Finansovo-kredytne zabezpechennia rozvytku pidpryiemstv APK [Financial and credit support of development of enterprises of agrarian and industrial complex], MUBiP, Kherson, Ukraine. 163 р.

Ilchuk V., Shpomer Т. (2017) Innovacijno-investycijna dijaljnistj APK: suchasnyj stan i problemy rozvytku [Innovation and investment activity of AIC: current state and problems of development]. Agricultural and Resource Economics: International Scientific (electronic journal), vol. 3, no. 1, pp. 108–118. Аvailable at: www.are-journal.com.

Mezentseva N.I., Frost I.M. (2011) Investycijna dijaljnistj v aghroprodovoljchomu vyrobnyctvi Ukrajiny: reghionaljni aspekty [Investment activity in agrifood production in Ukraine: regional aspects]. Kyiv: VGL Obrіy, 163 p. (in Ukrainian)

Reznik, N.P. “Methodological aspects of the economic assessment of the investment climate in Ukraine”, available at: https://goo.gl/miUvYz

Ukrainian Agribusiness Club, “UCAB Portal Ukrainian Agribusiness Club”, available at: https://goo.gl/C6hU5A.

Shubravska O. (2012) Innovacijnyj rozvytok aghrarnogho sektora ekonomiky Ukrajiny: teoretykometodologhichnyj aspekt [Innovative development of the agricultural sector of Ukraine: Theoretical and methodological aspects]. Ekonomika Ukrainy, no. 1, pp. 27–35.

Derzhavna sluzhba statystyky Ukrainy (2019) Statystychna informacija pro investycijnu dijaljnistj siljsjkogho ghospodarstva, lisovogho ta rybnogho ghospodarstva [Statistical information on investment activities of agriculture, forestry and fisheries], Kyiv. Available at: http://www.ukrstat.gov.ua

Article views: 618
PDF Downloads: 900
Published
2021-01-26
How to Cite
Tkachenko, S. (2021). ANALYSIS OF INVESTMENT ACTIVITY IN THE AGRICULTURAL SECTOR OF UKRAINE, DETERMINATION OF FACTORS AND WAYS OF ITS ACTIVATION. Economy and Society, (23). https://doi.org/10.32782/2524-0072/2021-23-3
Section
ECONOMICS