КАПІТАЛЬНІ ІНВЕСТИЦІЇ ТА РОЛЬ ДЕРЖАВИ В РОЗВИТКУ АГРОПРОМИСЛОВОГО КОМПЛЕКСУ УКРАЇНИ

Abstract

The article proves that in the modern period of management, any economic activity is associated with cyclical dynamics, which is directly related to investment activity. Therefore, one of the tasks of the state regulatory policy is to stimulate the economy in times of recession not only through government spending but also investment in priority areas. Given that, we should understand that the agro-industrial enterprises play a key role in the economic development of the state, so the urgent task is to assess capital investment in the agro-industrial complex, and determine the role of the state in investing. Based on the analysis of scientific literature sources, it was determined that the role of the state in this process, from the standpoint of regulatory activity, according to the authors is to conduct quality economic and socio-political reforms that will overcome market monopolization, shadow economy, corruption, judicial and law enforcement systems. Regarding the agro-industrial complex, it is necessary to take measures to stop agrarian raiding, development of agricultural infrastructure, state support of farms, etc. According to the results of the analysis, it was concluded that in 2019 at the enterprises of agro-industrial complex, in contrast to the whole economy, were a in a significant reduction in funding for capital expenditures. In the long run, this may lead to cyclical fluctuations in the industry, which is undesirable. The scientific novelty of this work is the further development of the methodology for assessing the investment of enterprises of the agro-industrial complex of Ukraine on the basis of intersectional comparative analysis, which in contrast to the existing substantiate the priorities of state support of enterprises of main and auxiliary activities.