STRATEGIC PRIORITIES FOR THE DEVELOPMENT OF THE AGRICULTURAL SECTOR OF UKRAINEʼS ECONOMY TO IMPROVE ECONOMIC SECURITY

Abstract

The article is devoted to issues of foreign investment in Ukraine, since the effective implementation of investment activity is important for the development of the Ukrainian economy at the present stage and increasing the competitiveness of enterprises, necessary for its integration into the European socio-economic space The development trends in foreign investment to agriculture have been analysed. Gradual deterioration of the prerequisites for the development of agricultural foreign investments has been found by studying the trends of foreign investment to agriculture on the basis of statistical analysis of the dynamics of indicators of the amount of attracted foreign direct investment, their share in gross value added, gross agricultural income, labour productivity in agricultural production, and others. The investment attractive factors contributing to the expansion of investment ties of Ukraine, namely, the presence of rich natural resources and production capacities are analysed; developed infrastructure; relatively cheap and skilled labour; large capacious and almost competitive unlimited domestic market for most commodity items; scientific potential, etc. The threats of foreign investment for the host country are identified. It is proposed to identify and neutralize threats to the economic security of the agricultural sector within the framework of a program-target approach, which includes: identification of the source of threats, assessment and development of program-target measures aimed at neutralizing possible threats to economic security, analysis of the degree of importance of threats, economic evaluation of planned measures, development of a strategy economic security of agroregions. The work determined that ensuring sustainable development and economic security of the agricultural sector as sections of target programs should include measures to deepen interregional and intraregional integration using the latest management methods, rational use of land resources, transfer of agricultural technologies, etc.