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Determination of agricultural export features in developing countries

Kuzminov Mykola ()
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Kuzminov Mykola: SHEE «Kyiv National Economic University named after Vadym Hetman»

Technology audit and production reserves, 5(37) 2017, 2017, vol. 5, issue 5(37), 49-54

Abstract: The object of research is the process of development of agricultural exports in the context of globalization. The subject of research is an identification of the features of agricultural exports in developing countries, in terms of the possibility of achieving the global goals of sustainable development. In the work general scientific and special research methods are used, based on a systematic approach, a comparative analysis of scientific literature and statistical information, a graphical method and a correlation analysis. The article examines countries with different levels of development in accordance with the World Bank methodology groupings: high-income, middle-income and low-income countries with above-average income, lower-middle income, middle-income and least developed countries (LDCs). The statistical information for the period 1990-2016 of the open databases of the World Bank and FAO is used. Agricultural exports in developing countries reflect the relative importance of the agricultural sector in GDP, the state, level and structure of agricultural production, the government's long-term general economic plans for infrastructure projects, the state of the financial sector, the dependence of the balance of payments on agricultural exports and the ability to level price fluctuations in the world agricultural market etc. Despite the national, geographical and natural resource specificity, the developing countries have common problems that determine the specific features of agricultural exports inherent in this group of countries. The specific features of agricultural exports in developing countries are the dependence of their economies on agriculture, the high role of agricultural exports as a stimulus to economic growth and sources of income, the vulnerability of agricultural exports from the conjuncture in external agricultural markets and the state of the production, transport and trade infrastructure. The positive and negative effects of agricultural exports on the economies of developing countries are determined.

Keywords: agricultural export; world market; food security; poverty; developing countries (search for similar items in EconPapers)
JEL-codes: N50 (search for similar items in EconPapers)
Date: 2017
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