Name | TO QUESTION OF INVESTMENT PROVIDING OF DEVELOPMENT AGRARIAN SECTOR OF UKRAINE |
Author(s) | Yermakov О., Doctor of Economics, Professor, Head of the Department of Labour Economics and Social Development, National University of Life and Environmental Sciences of Ukraine Kalashnikova H., Postgraduate of the Department of Labour Economics and Social Development, National University of Life and Environmental Sciences of Ukraine |
Annotation | In modern competitive conditions of market economy, the most important task of the agricultural sector of Ukraine is to ensure stable growth of agricultural production. This can be achieved by strengthening investment support and increasing the scientific and technological potential of the agricultural sector on an innovative basis. The dynamics of capital investments in agriculture of Ukraine and related industries for the period 2010-2018 shows their growth almost 6 times. However, the share of these investments in their total volume to the economy of Ukraine varies over time and in 2018 was only 11.4%. The most significant in terms of capital investment are the own funds of enterprises and organizations, which reproduce the material and technical base at the expense of profits, not counting on loans and other sources of funding. As a positive phenomenon, should be noted the increase in the share of capital investment from the state budget, which in 2018 rose to 4.0%. A significant reduction in foreign investments to 0.3% of their total volume in 2018 should be considered a negative economic phenomenon. Analyzing the dynamics of the agricultural sector in recent years, we note that the gross output of agriculture in Ukraine tends to increase. This was due to the products of the crop industry, while the volume of livestock production, on the contrary, decreased in this period. As for the state support of the agricultural sector, under the existing mechanisms there is no direct relationship between the volume of its provision and the production of gross agricultural output. But, of course, increasing the amount of state financial support for the agricultural sector will contribute to its more stable functioning in modern economic conditions. |
Keywords | capital investments, state support, agricultural sector, financing, state budget funds. |
Download |