scholarly journals Peculiarities and Prospects of Bank Lending to the Agriculture at the Current Phase of Economic Development in Ukraine

Author(s):  
Т. BONDARUK ◽  
М. LUKASHUK

It is demonstrated that the domestic agricultural sector continues to be underfunded in spite of special lending programs for agricultural producers implemented by banks and stimuli provided by international financial organizations to agricultural producers to make them introduce energy saving measures. The research objective is to review the current situation with bank lending of the agricultural sector in Ukraine and determine its main problems and prospects. The following research methods were used: induction, deduction, system approach, statistical analysis, logical generalization, graphical method.    It is shown that the bank lending in Ukraine is operating now under the pressures of the financial globalization processes and in the post-crisis condition of the bank sector, high risks and information asymmetry characterized by lack of complete and reliable information about the factors underlying business operation in various economic sectors, required for the assessment of the borrowers’ creditworthiness, and by inefficient financial and credit instruments.     A review of global practices shows that in most part of foreign countries governments support lending to agricultural producers through budget preferences or limitations imposed on the banks that can lend agricultural producers, with laying down a requirement that the loans provided to the agricultural sector must be the cheapest ones. Lending of agricultural producers in European countries is most often carried out by cooperative banks, with mortgage of lands being the main form of long-term lending. Considering the European practice, creating a specialized agrarian bank or applying economic stimuli to banks engaged in lending of the agricultural sector may be a solution of lending problems in Ukraine. The study of specific features of bank lending to the agricultural sector at the current phase of economic development in Ukraine confirms the need for further with scientific justifications of the government support to lending processes in the agricultural sector.      

Author(s):  
L.S. Kabir

The present study reveals the trends and features of the current state of financing the foreign countries’ transition to a new «green» economic growth model. To summarize the contemporary experience of countries’ integration into public administration practice the approaches and standards in the field of «green» investments financing.The subject of the study is the set of measures implemented by countries to develop sources of finance for «green» economy projects.Tasks: 1) to consider the principal directions of the «green» investments state policy support, its purpose, and the tools used; 2) to identify the market’s role in the «green» economy financing; 3) to clarify the main issues constraining private investments in «green» projects. The countries’ approach to «green» economic growth financing is examined in the present paper by means of common methods of scientific knowledge.There reviewed the arguments justifying the government support for «green» investments. There revealed the problems constraining the market «green» financing development and speculations about their origins. The study concludes that the countries’ economic policies are aimed at improving the existing model’s efficiency, not at the transition to the new «green» economy model. Thus, through the state support tools, there being generated strong signals signifying the creation of favorable market conditions for the functioning of a new economy sector – the sector of «green» technologies.


2021 ◽  
Vol 19 (8) ◽  
pp. 1457-1476
Author(s):  
Valentina L. ZAZIMKO ◽  
Nadezhda V. SEDYKH

Subject. This article analyzes the implementation of the government programme of the Krasnodar Krai, Development of Agriculture and Regulation of Markets for Agricultural Products, Raw Materials and Food. Objectives. The article aims to assess the measures of budget support for the agricultural sector of the Krasnodar Krai. Methods. For the study, we used a correlation and regression analysis of official statistics. Results. The article finds that the government programme of the Krasnodar Krai, Development of Agriculture and Regulation of Markets for Agricultural Products, Raw Materials and Food has a positive impact on the progress of production in the agriculture of the region, but it does not contribute to the growth of investment in the industry. Conclusions. It is necessary to move from targeted support for individual agricultural producers to the creation of a modern sectoral infrastructure.


10.12737/6497 ◽  
2014 ◽  
Vol 9 (3) ◽  
pp. 66-71 ◽  
Author(s):  
Хисматуллин ◽  
Marsel Khismatullin ◽  
Хафизов ◽  
Dafik Khafizov

An increase the efficiency of agricultural production is the most important economic issue at the present stage. However, according to the authors’ opinion, the sharpness of the problem for a long time is underestimated and continues to be underestimated in the agrarian policy of the country. The consequences of such attitude to the problems of agricultural development particularly had a negative impact on the results of the agricultural producers in 1991-1998 years, when investment in agriculture was sharply reduced, the production potential of the sector has been undermined. The agricultural production fell by 50%, compared to the pre-reform period, 88% of agricultural organizations were unprofitable. During 1999 - 2013 years, the government of the country, scientists carried out considerable work to ensure the effective development of agriculture. But, nevertheless, in 2013, the level of agricultural production was by 10.3% lower, than in the pre-reform 1990 year, the financials continue to worsen. According to the authors, so that to ensure the conditions for agricultural producers for effective functioning, expanded reproduction, it requires substantially to increase the level of state support to agriculture, to improve the economic mechanism of management, to develop management forms manifolds, under which we mean a rational, mutually reinforcing combination of different forms of management, based on different forms of ownership, ensuring the efficient use of available natural, labour, material and financial resources. In the paper the author’s definition of management forms is given. The development of forms of management and ownership in the agricultural sector should be seen as a continuous process. The composition and structure of the management forms in the agrarian sector will be updated with the development of market relations, economic conditions change.


2013 ◽  
Vol 711 ◽  
pp. 446-451 ◽  
Author(s):  
Ying Wang ◽  
Jin Ling ◽  
Kan Xiao ◽  
Hong Guang Jia ◽  
Zheng Hua Li

In recent years, with the double pressure of energy crisis and environmental pollution, the development of new energy vehicles has become China's emerging strategic industry. In order to promote the development of new energy sedans, it is important to study the government subsidy of new energy sedan industry based on the consumer demand. This article firstly elaborates the government support experience of new energy sedan industry in foreign countries. Secondly, we demonstrate the necessity of government policy subsidy. Thirdly, we analyze the economy of new energy sedans based on the consumer demand. Then we make further analysis on the economy of new energy sedans according to the fuel price and the change of technical cost. Finally, we analyze the data, and put forward the government subsidy to promote the development of new energy sedans based on the consumer demand.


Agricultural sector is the main income for the rural people in India. It plays a significant role in their life. In India, small and marginal farmers account for 70%, according to the 2011 census of the Government of India. These small and marginal farmers took credit from banks and private money lenders. The non-repayment of credit led to an agricultural crisis and farmers’ suicide. This study focused on the reasons that caused such a disaster. The study rests on a review of the literature which was extracted from journals, reports, and newspapers from 2004 to 2019. The review identified the following reasons for the agricultural crisis and farmer’s suicides- poverty, indebtedness, crop failures, distress, lack of awareness on new technologies, inadequate debt, marketing of produce, the high interest of non-institutional credit, and depletion of water levels. The article concluded noting that -the government had to shift its focus from industries to agriculture and shift its agricultural policies from short-term to long- term ones.


TEM Journal ◽  
2021 ◽  
pp. 259-265
Author(s):  
Hüseyin Baykan

The aim of this study is to specify the contribution of universities and university students to social and cultural structure and economic development of the country. Representatives of public organizations, tradesmen and economic organizations were given semi-structured interview. The data were analyzed through “content analysis”. The findings indicate that, students from foreign countries do not spoil the cultural structure of the country. However, due to the economic conditions in their countries, students from the third world countries are willing to stay on the island. If employed, their employment might have negative effects on the social and cultural structure of the island in long-term. Another finding revealed that the universities do not receive sufficient contributions from the state and the scholarships awarded are insufficient.


2020 ◽  
pp. 55-59
Author(s):  
S. Aukutsionek ◽  
A. Batyaeva ◽  
N. Dyomina ◽  
A. Egorov ◽  
A. Matveev

The article presents unique data on the Russian agricultural sector, which has been gathered by the Russian Economic Barometer for more than 25 years. There is published statistics reflecting the attitude of the heads of agricultural enterprises towards the economic policy of the government. There are presented data revealing the degree of importance for the agricultural producers of various factors limiting production and capital investments.


2021 ◽  
Vol 37 ◽  
pp. 00181
Author(s):  
Maria Tyapkina ◽  
Viktor Samaruha ◽  
Elena Ilina ◽  
Yulia Mongush

The article aims to describe structural changes in the agrarian sector of Irkutsk region caused by the government support for small businesses, simplified procedures for farm registering, accounting for property and production results, and taxation, which contributed to the development of peasant farming. The government support is required, but it can change the structure of areas and gross grain crops since peasant farms increase quantitative indicators rather than improve quality parameters (yield, productivity). This is especially true for the animal husbandry sector. With changes in government policies and decreasing government support, it will be difficult for individual farms to exist, since they lag behind collective farms in terms of maneuverability, financial capabilities, production and credit resources, which can cause new structural changes in a benefit for agricultural holdings. The government policy aimed at preserving the traditional way of life of the rural population should stimulate both the development of rural areas and agricultural production, and prevent the disintegration of collective farms that have competitive advantages


2020 ◽  
Vol 26 (10) ◽  
pp. 120-126
Author(s):  
A. Tomskikh ◽  

he article deals with the multifactorial aspects of the labour market development as a special economic category: stages of development, impact of the economic crisis, trends during the pandemic, movement of employment and unemployment, etc. The analysis of the situation on the labour market, both in the whole world, and in the context of Russia and its subjects, is carried out. Trends in the development of the labour market are shown through the prism of global trends in economic development and the specifics of decision-making at the level of the Russian Federation since 1989, the period of transformation of its socio-economic development and entry into the world market. Much attention is paid to the situational response of the labour market to the global coronavirus pandemic in terms of analyzing the supply and demand of vacancies, salaries and their dynamics over the past year of the largest recruitment portal in the country. The risk sectors of the labour market development are shown for the territory of Russia as a whole, federal districts and subjects of the federation. The conclusion is made about sufficient decisions of the government of the Russian Federation in the pre-crisis period and forced anti-crisis actions during the pandemic in the conditions of long-term sanctions by key world actors. The measures necessary for the adoption of federal decisions to reduce the strain on the labour market in the long term, taking into account the reduction in the economy’s income, are outlined: closing more territories or sectors of the labor market to foreign labour, organizing jobs at real enterprises, optimizing the flow of domestic labour migration and new technological solutions in the economy


2015 ◽  
pp. 142-151 ◽  
Author(s):  
A. Aganbegyan

The article considers the role of national budget in Russian socio-economic development. The author analyzes the Russian budget of the last decade and comes to the conclusion that it is not efficient because there is no long term planning, the allocation of responsibilities between the Ministry of Economic Development and the Ministry of Finance is not optimal, and because the government is trying to stimulate economic growth without resorting to deficit budget.


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