The state and prospects of investing in the development of agriculture in conditions of instability

Oleksandr Zakharchuk, Mykola Kisil and Veronika Nechytailo

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2022, vol. 29, issue 6

Abstract: To achieve positive changes in the economy and society, it is necessary to constantly intensify the investment process in agriculture, which affects the development of most types of economic activity in the state. The purpose of the article is to investigate the trends of quantitative and qualitative changes in investments for the development of agriculture in Ukraine in conditions of instability. Such methods were used in research: dialectical, abstract-logical, correlation-regression, strategic planning, project analysis, tabular, graphic, and forecasting. According to the results of research carried out using methods of correlation and regression analysis, it was found that capital investments in agriculture in conditions of instability were the most important factor in the growth of not only commodity products and profits in agriculture, but also the gross domestic product of the state. The dynamics of investments and sources of their financing, which have been unstable in Ukraine for a long time, have been analysed. A significant differentiation of levels of investment in the development of agriculture in the regions was revealed. A conclusion was made regarding the cyclic nature of investment processes in the agri-food sectors of the economy and their investment attractiveness, and the periods of its favourable and unfavourable phases for agriculture were clarified. The efficiency of capital in agriculture, which changes under conditions of cyclical investment processes related to investment attractiveness, is studied. In order to create conditions for achieving sustainable development of agriculture, the necessity of forming an investment-oriented agricultural policy based on principles tested by world practice is substantiated. The results of the forecast of capital investments in the development of agriculture in conditions of instability for the period up to 2030 are presented. The results of the research are of practical importance for the formation of an investment-oriented investment policy of the state, investment strategies of agricultural formations, and the development of the state economy in conditions of instability

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/412039/files/E ... %20No.%206-41-56.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:412039

Access Statistics for this article

More articles in Ekonomika, Journal for Economic Theory and Practice and Social Issues from Society of Economists Ekonomika, Nis, Serbia
Bibliographic data for series maintained by AgEcon Search ().