Investment activity in Ukrainian agriculture during the war: New challenges and threats

Abstract

Investment activity is an important condition for the effective functioning and development of the agricultural economy. Investments enable entrepreneurs to achieve the desired business results and complete their strategic goals. Since the beginning of Russia’s invasion of Ukraine, agricultural producers have faced new challenges and threats, and have had to adapt to the new conditions. The purpose of this study was to investigate the impact of the war on Ukrainian agriculture and to identify new risks and dangers for investment activity in agriculture during the war. The study used the dialectical method of scientific cognition, analysis and synthesis, systematic generalisation, comparative analysis, as well as objective-historical, inductive, deductive methods, heuristic method of generating solutions, and the method of targeted substantiation. The study examined the trends in the development of investment activity in the agricultural sector of the Ukrainian economy in the pre-war period and during the war. The challenges and threats to agriculture caused by Russian aggression were identified. The study identified the main issues of investment activity of agricultural producers in the context of the full-scale invasion of the Russian Federation, suggested solutions to overcome these issues and vectors of support for agriculture during the war and in the post-war period of the country’s recovery. The study considered the destructive processes in the system of functioning of the agrarian economy of Ukraine in the pre-war period and substantiated measures to overcome them. Priority areas of investment support to ensure sustainable development of the agrarian economy and rural areas were identified. The key guidelines for the development of the agricultural sector of the Ukrainian economy were substantiated. The conclusions, proposals, and practical recommendations can be used to develop corresponding programmes and measures aimed at supporting agricultural producers during the war and in the post-war period of national economic recovery