Investment providing sustainable development of rural areas in Ukraine

Abstract

The economic growth of agricultural production is one of the main problems of modern economic development of Ukraine, in which investment processes play an important role. Therefore, the research is to reveal the importance of investment for the development of agriculture and rural areas of Ukraine and to develop recommendations to enhance investments in the Ukrainian rural areas. The data base of the State Statistics Service of Ukraine on economic development of Ukraine, investment activity of agriculture in Ukraine and attraction of foreign direct investments into the economy of Ukraine for 2014-2018 served as the information base for empirical and statistical research. It is found according to the results of the study that the level of provision of agriculture with investment resources is not sufficient. The reason is a number of negative factors: imperfect legislative framework, corruption, economic instability of the country, military conflict in the east of the country, insufficient financing of agriculture, low level of credit to the sector, etc. Using a systematic and integrated method, a model for the formation of investment support for sustainable rural development has been developed. We believe that in order to activate the sustainable development of rural territories, the use of the model will help to streamline and allocate financial and investment resources and improve rural investment activities. Conceptual approaches to the possible introduction of the agricultural land market in Ukraine are substantiated.

Three Dimensional Simulation of Oil Flow Characteristics in Lubrication System of Rotary Tillage Engine

“…It can be approximated as 1 in calculation. Add a shrinkage coefficient C0=A2-A1, where A is the flow area at the valve port, then: (10) In this formula, C=CvC0 is called flow coefficient. The flow coefficient is different for different orifice shapes.…”

“…Promoting the stable development of agriculture is closely related to the improvement of the living standards of rural population. At the same time, the improvement of the quality of life of the rural population will also promote the prosperity of various industries (Savitska S., et al, 2020). The key task of the whole process of agricultural mechanization development is to focus on improving the comprehensive quality and benefit of agricultural mechanization of potato, corn, rice, soybean and other food crops.…”

Sustainable development of Ukraine as a combination of social, economic and environmental components: structural econometric model of three-pillar approach

“…In the article [17] the trends in sustainable development of Ukraine comparing to EU counties is described; in [18] it is considered from the position of the European integration of Ukraine as a strategic goal; Kuzior et al [19] study role of the innovative ecosystem of Ukraine and EU in sustainable development and Sokil et al [20] details innovation ecosystem to startups; Semenenko et al [21] investigate changes in sustainable development before and after the war. Also investigations of the sustainable development of Ukraine are devoted to different aeries, such as agriculture [22], transport [23], rural areas [24] and others.…”

The assessment algorithm for sustainable development goals in the Hukiv, Dereluy, and Vyzhenka river basin systems of Chernivtsi oblast

“…A significant number of works are devoted to the sustainable development of Ukraine in general and in terms of its individual regions, in which attempts are made to develop planning for their optimal development (Kotykova et al, 2017;Kozlovskyi et al, 2017;Kvasha et al, 2017;Semenenko et al, 2019;Savitska et al, 2020).…”