Building the potential of an agricultural enterprise

The implementation of long-term development of rural areas necessitates the definition of certain benchmarks. The factors that have a significant impact on the level of development of rural areas can, in our opinion, include the integration of the region into world and interregional trade, the general state of the economy and the development of scientific and technical potential in the state, the degree of development of civil society, the level of corruption, the quality of life of citizens, the availability of natural resources and highly qualified labor resources in the region, natural and climatic conditions. One of the main problems of rural development is the lack of fair employment standards and social standards. Rural areas are characterized by high poverty of the population and an unfair distribution of the results of labor activity. The main tools for the development of rural areas, in our opinion, should be the creation of new jobs, the implementation of housing programs, education and socio-cultural sphere in rural areas, the provision of targeted material assistance for the least socially protected segments of the population. Keywords: Agriculture state regulation of agriculture • Development of agriculture • Agriculture of Ukraine • Development of rural areas

show abstract

“…According to [9][10][11][12], sustainable development is the ability to develop even in the presence of adverse external factors.…”

Section: Resultsmentioning

confidence: 99%

The Impact of State Regulation on the Sustainable Development of Rural Areas in Ukraine

Yekimov¹,

Nianko

Kuhareva

et al. 2021

Fundamental and Applied Scientific Research in the Development of Agriculture in the Far East (AFE-2021)

View full text Add to dashboard Cite

show abstract

“…According to [14,15], the investment attractiveness of agriculture is reduced due to: low elasticity of demand for products produced by agricultural enterprises, low mobility of resources used in agriculture, as well as the dependence of the results of financial and economic activities on natural and climatic conditions.…”

Section: Main Directions Of Investment Activity In Agriculturementioning

confidence: 99%

The Problem of Attracting Private Investment in Agriculture

Yekimov¹,

Nianko²,

Sirenko³

et al. 2021

Fundamental and Applied Scientific Research in the Development of Agriculture in the Far East (AFE-2021)

View full text Add to dashboard Cite

Improving mortgage lending, increasing government spending on financing scientific research in the field of agriculture, improving the system of agricultural risk insurance, and providing tax incentives to agricultural enterprises can help increase the investment attractiveness of agricultural businesses. In order to attract external investors, agricultural enterprises should, in our opinion, offer their investment projects more widely at various forums dedicated to investment activities, and make efforts to form their own good investment image. One of the reasons for the high interest rates for lending to agricultural enterprises is the size of the Central Bank's discount rate. In banking, the Central Bank applies only a single discount rate, but in many industrialized countries, its size can be zero or even negative. The authors proposed to apply not one, but several discount rates of the Central Bank, depending on what specific purposes the commercial bank will spend the financial resources received from the Central Bank. In our opinion, for lending to agricultural enterprises, a commercial bank should be able to receive funds from the Central Bank at a discount rate close to zero, and in our opinion it will make it possible to reduce the interest rate when granting loans to agricultural enterprises.

show abstract