ANALYTICAL ASPECT OF THE INVESTMENT SUPPORT OF AGRICULTURE IN UKRAINE

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Mar 31, 2023

  Natalia Pravdiuk

Abstract

In the article was analyzed the current state and outlines the trends in investment support for agriculture in Ukraine, highlights the problematic aspects of investment activity in the current economic realities, provides possible ways to minimize the impact of existing problems, and determines the prospects for further attraction and use of investment resources by business entities. It has been established that domestic agriculture is a promising area of investment and requires an increase in production potential, given the aggravation of food security and the growing demand of the population for food. In particular, the conducted analytical studies indicate a trend towards a constant increase in the volume of funds invested in the development of agriculture, and the growth rate of capital investment in the domestic agricultural sector exceeded similar indicators in the construction and industry sectors. It has been determined that the lion's share of the investment support for agriculture was formed at the expense of the own funds of enterprises and organizations, credit funds and external sources of financing, and the level of attraction of budgetary resources to finance investment processes remained insignificant, which may indicate insufficient state support for agricultural producers. small business projects. It has been established that the growth in the volume of capital investment and foreign direct investment in agriculture occurred against the background of a significant increase in its contribution to the formation of the gross domestic product of Ukraine with a relatively small change in the gross value added generated by the agricultural sector. It is substantiated that the strategic direction of the development of agriculture should be to increase the degree of processing of raw materials, the production of products with high added value for the maximum realization of the export potential of Ukraine. To overcome the most important problems of agriculture in the conditions of the war and the post-war period, a number of measures are given, the implementation of which is possible if significant investment resources are attracted to the agricultural sector and coordinated interactions between state authorities, local self-government, representatives of agribusiness and society.

How to Cite

Pravdiuk, N. (2023). ANALYTICAL ASPECT OF THE INVESTMENT SUPPORT OF AGRICULTURE IN UKRAINE. Green, Blue and Digital Economy Journal, 4(1), 54-63. https://doi.org/10.30525/2661-5169/2023-1-6
Article views: 81 | PDF Downloads: 82

##plugins.themes.bootstrap3.article.details##

Keywords

investment, capital investment, foreign direct investment, investment provision, investment activity, agriculture, agricultural production, gross domestic product, gross value added

References

Bilotkach, O.V., & Pavlova, G.E. (2017). Teoretyko-metodychni osnovy investytsiinoho zabezpechennia rozvytku silskohospodarskykh pidpryiemstv [Theoretical and methodical bases of investment providing for agricultural enterprises development]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu – Uzhhorod National University Herald, 15(1), 29–32. [in Ukrainian]

Kaletnik, H.M., & Koziar, N.O. (2020). Stratehichni pidkhody do investuvannia ahrarnoho sektoru Ukrainy v suchasnykh umovakh rozvytku APK [Strategic approaches to investing in the agricultural sector of Ukraine in modern conditions of agro-industrial complex development]. Ekonomika APK – Ekonomika APK, 12, 81–89. DOI: https://doi.org/10.32317/2221-1055.202012081 [in Ukrainian]

Kaletnik, H.M., Honcharuk, H.S., & Dovhan, Yu.V. (2017). Investytsiino-innovatsiine zabezpechennia vyroshchuvannia bioenerhetychnykh kultur ta vyrobnytstva biopalyv [Investment and innovative support for growing bioenergy crops and biofuels production]. Ekonomika, finansy, menedzhment: aktualni pytannia nauky i praktyky – Economy, Finances, Management: Topical issues of science and practice, 1, 7–18. [in Ukrainian]

Kodenska, M.Iu. (2013). Motyvatsiini chynnyky investytsiinoho zabezpechennia rozvytku ahrarno-promyslovoho vyrobnytstva [Motivational factors of investment support for the development of agrarian and industrial production]. Visnyk Akademii pratsi i sotsialnykh vidnosyn Federatsii profspilok Ukrainy – Bulletin of the Academy of Labor and Social Relations of the Federation of Trade Unions of Ukraine, 2, 62–66. [in Ukrainian]

Matsybora, T.V. (2019). Investytsiine zabezpechennia rozvytku silskohospodarskykh pidpryiemstv [Investment maintenance for agricultural enterprises development]. Ekonomika APK – Ekonomika APK, 2, 66–72. DOI: https://doi.org/10.32317/2221-1055.201902066 [in Ukrainian]

Melnyk, V., & Pohrishchuk, O. (2018). Investytsiine zabezpechennia ahrarnoho sektoru: rozshyrennia mozhlyvostei dlia Ukrainy [Investment support of the agricultural sector: expanding opportunities for Ukraine]. Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu – Bulletin of the Ternopil National Economic University, 3, 23–34. [in Ukrainian]

Melnyk, S.I., Svynous, I.V., Furman, I.V., Trofimova, H.V., & Starychenko, Y.M. (2021). Investytsiina diialnist silskohospodarskykh pidpryiemstv v umovakh transformatsiinykh protsesiv [Agricultural investment activity in the conditions of transformation processes]. Ekonomika ta derzhava – Ekonomika ta derzhava, 11, 14–19. DOI: https://doi.org/10.32702/2306-6806.2021.11.14 [in Ukrainian]

Movchaniuk, A.B. (2021). Investytsiinyi potentsial silskohospodarskoho vyrobnytstva yak osnova zabezpechennia staloho rozvytku ahrarnoho sektoru Ukrainy [Investment potential of agricultural production as a basis for ensuring sustainable development of the agricultural sector of Ukraine]. Efektyvna ekonomika – Efektyvna ekonomika, 9. DOI: https://doi.org/10.32702/2306-6806.2021.11.14 [in Ukrainian]

Nazarenko, I.M. (2015). Analiz investytsiinoho zabezpechennia silskohospodarskykh pidpryiemstv rehioniv Ukrainy [Analyzing the Investment Support of Agricultural Enterprises in Ukrainian Regions]. Problemy ekonomiky – The Problems of Economy, 4, 136–143. [in Ukrainian]

Ofitsiinyi vebsait Derzhavnoi sluzhby statystyky Ukrainy [Official website of State Statistics Service of Ukraine]. www.ukrstat.gov.ua. Available at: http://www.ukrstat.gov.ua [in Ukrainian]

Ofitsiinyi vebsait Natsionalnoho banku Ukrainy [Official website of the National Bank of Ukraine]. www.bank.gov.ua. Available at: http://www.bank.gov.ua [in Ukrainian]

Ofitsiinyi vebsait Plan vidnovlennia Ukrainy [Official website of the Recovery Plan of Ukraine]. www.recovery.gov.ua. Available at: https://recovery.gov.ua/ [in Ukrainian]

Ofitsiinyi vebsait Ukrainskoi ahrarnoi konfederatsii [Official website of the Ukrainian Agrarian Confederation]. www.agroconf.org. Available at: http://www.agroconf.org [in Ukrainian]

Parakonnyi, S.V., Voishvillo, L.V., & Shpankovskyi, I.V. (2011). Napriamy investytsiinoho zabezpechennia rozvytku ekonomichnoho potentsialu pidpryiemstva [Directions of investment support for the development of the economic potential of the enterprise]. Visnyk Skhidnoukrainskoho natsionalnoho universytetu imeni Volodymyra Dalia – Visnik of the Volodymyr Dahl East Ukrainian National University, 11(153), 68–76. [in Ukrainian]

Poroshenko, Yu. (2022). Ahrosektor ye priorytetnym napriamom Planu vidnovlennia Ukrainy [The agricultural sector is a priority area of the Recovery Plan of Ukraine]. Available at: https://cutt.ly/72czQW5 [in Ukrainian]

Pro investytsiinu diialnist [On Investment Activity]. (1991, September 18). zakon.rada.gov.ua. Available at: https://zakon.rada.gov.ua/laws/show/1560-12#Text [in Ukrainian]

Tkachenko, S. (2021). Analiz investytsiinoi diialnosti v ahrarnomu sektori Ukrainy, vyznachennia faktoriv ta shliakhiv yikh aktyvizatsii [Analysis of investment activity in the agricultural sector of Ukraine, determination of factors and ways of its activation]. Ekonomika ta suspilstvo – Economy and Society, 23. DOI: https://doi.org/10.32782/2524-0072/2021-23-3 [in Ukrainian]