Theoretical and methodological approaches to the development of an institutional model of the agricultural sector financial support

Andrii Bilochenko

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2021, vol. 28, issue 2

Abstract: The purpose of the article is to justify and to highlight basic theoretical and methodological approaches to the development of an institutional model of the agricultural sector financial support in Ukraine, taking into account the current stage of its development. Research methods. In the course of research, a dialectical method of cognition was used, as well as systematic approach to the study of interrelated financial, economic, social and socio-economic phenomena and processes; a monographic method (analysis of scientific achievements of Ukrainian and foreign researches on problematic issues of institutional theory and institutional modeling); empirical method (concerning the assessment of the current state of institutional support to the agrarian sector). Within the special research methods abstract-logical (for theoretical generalizations and formulation of conclusions) was used. Research results. Basic approaches to the establishment of the institutional model of the agrarian sector financial support have been justified. The latest developments in institutional economic theory, with the using an integrated approach to selecting the best organizational and economic mechanisms for financing of economic entities of the sector at the current stage of its development, were taking into account. Scientific novelty. Theoretical and methodological provisions for the establishment of a comprehensive institutional model for the financial support of the agrarian sector in Ukraine have been further developed and the general principles for its development have been formalized. Practical significance. The use of the results obtained will make it possible to develop a balanced institutional model of financial support for the agrarian sector of Ukraine, taking into account current trends in its development. Refs.: 28.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2021
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