Improving the mechanism of economic regulation in the agrofood sector of Belarus

Шпак, А. П.; Chabatul, V. V.; Woytko, I. A.; Lazarevich, I. M.; Sharenko, A. N.; Kokhnovich, I. N.; Tretiakova, I. A.; Rusakovich, A. N.

doi:10.29235/1818-9806-2022-3-3-26

jour

2022

DOI: 10.29235/1818-9806-2022-3-3-26

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Improving the mechanism of economic regulation in the agrofood sector of Belarus

А. П. Шпак

V. V. Chabatul

I. A. Woytko

et al.

Abstract: Based on the systematization and clarification of the theoretical and methodological foundations on the issues under study, scientific and methodological proposals have been developed to improve investment and innovation activities, tax planning in agriculture, the mechanism for pricing and distributing income between the areas of the agroindustrial complex by stages of distribution.

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Direct budget subsidizing as a factor of sustainable development of agricultural production in the Republic of Belarus

Vaitko

2023

Vescì Nacyânalʹnaj akadèmìì navuk Belarusì. Seryâ agrarnyh navu

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Currently, most of the world’s countries are pursuing an active agrarian policy in order to support national agricultural producers. At the same time, the ongoing changes in the global and domestic food markets, due to rising prices, reduction in the product range, and social tension in society require optimization of costs of the country’s budgets and development of proposals for the most effective measures. The paper presents an analysis of methodological approaches to assessing the efficiency of direct budget support for agricultural production used in the member states of the Eurasian Economic Union (EAEU) and in Organization for Economic Cooperation and Development (OECD). Taking into account the identified advantages and disadvantages of applying these approaches in practice in the Republic of Belarus, as well as using the experience of the EAEU member states, methodological approaches have been developed to assess the efficiency of state support measures aimed at subsidizing of: 1) compensation for the cost of production resources; 2) price support; 3) losses of banks related to issuing preferential loans to rural producers; 4) stimulating the volume of output and the efficiency of related types of economic activity by increasing the amount of resources produced by the agriculture. Based on the presented developments, the most rational level of production costs was determined, when each additional ruble (as well as according to types) invested in the production allows to get the maximum increase in performance indicators. In addition, a positive effect of stimulating the growth of agricultural production on the performance of manufacturing (food) industry entities has been determined. These developments can be used to justify the sources and volumes of financing the priority areas for development of agriculture in the Republic of Belarus in the mid- and long-term outlook.

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Direct budget subsidizing as a factor of sustainable development of agricultural production in the Republic of Belarus

Vaitko

2023

Vescì Nacyânalʹnaj akadèmìì navuk Belarusì. Seryâ agrarnyh navu

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State support of agriculture: experience of the European Union countries and possibilities of its adaptation for the Republic of Belarus

Sharenko

2024

Vescì Nacyânalʹnaj akadèmìì navuk Belarusì. Seryâ agrarnyh navu

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Sufficiency of financing in agriculture is determined by the level and measures of state support, which should be understood as direct and indirect benefits provided by the state to entities engaged in agricultural activities and (or) providing, facilitating and supporting these activities. Comparing the results of studying the experience of providing state support in agriculture of the European Union with the national principles of agrarian policy, the following directions of improving the mechanism of state support in the Republic of Belarus are proposed: 1) use of the minimum level of expenditures of the consolidated budget of the country for sustainable financing of agriculture; 2) establishment of separate financing for young producers of agricultural products; 3) use of an economically justified differentiated mechanism of the state per hectare of agricultural land; 4) limit the maximum amounts of payments for subsidies, establishment of allowances and other direct payments for agricultural producers; 5) use of a mechanism and determination of the budget for additional financing of peasant (farm) households and other small and medium-sized businesses engaged in agricultural production.

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Improving the mechanism of economic regulation in the agrofood sector of Belarus

Cited by 2 publications

References 2 publications

Direct budget subsidizing as a factor of sustainable development of agricultural production in the Republic of Belarus

Direct budget subsidizing as a factor of sustainable development of agricultural production in the Republic of Belarus

State support of agriculture: experience of the European Union countries and possibilities of its adaptation for the Republic of Belarus

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