Abstract

Importance. Financial aspects of supporting the agricultural sector of the region as a key element of the strategy for ensuring food security of the country as a whole. Objectives. Analysis of priority areas for ensuring the economic development of agriculture in the region and determining ways to develop financial and credit relations and investment processes in the current conditions of its functioning. Methods. Theoretical provisions of the financial and credit policy in the agricultural sector of the region’s economy, taking into account the substantiation of the criteria for the economic evaluation of cultivated land through the use of a number of methods: mathematical statistics, index and economic-statistical analysis. Results. Itis substantiated that among the numerous factors that ensure the economic development of the agricultural sector, the state of resources and the very structure of the agro-economic system, including the sufficiency of resources and the existing relations in the region, both social and economic, are of paramount importance. In contrast to the interpretations put forward earlier, this definition provides for the possibility of maintaining a long-term and optimal interaction of their structural elements, including organizational, financial and production components. Conclusion. The main obstacle hindering the effective development of the agricultural sector is a combination of negative factors associated with the state of land, labor, material and technical resources, and of course, the lack of development of financial and credit relations and investment processes. There is a need for financial and organizational support for non-traditional structures of agricultural operating firms that service agricultural enterprises and that can contribute to the formation of new conditions for the functioning of the agricultural sector, the effective implementation of the economic and social tasks of the regions, as well as financial stabilization and economic growth in the agro-industrial complex.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.