scholarly journals Risks of investing in the agricultural sector of Ukraine's economy in the context of modernization of the industry

VUZF Review ◽  
2021 ◽  
Vol 6 (4) ◽  
pp. 128-135
Author(s):  
Alina Burliai ◽  
Oleksandr Burliai ◽  
Borys Okhrymenko ◽  
Roman Zhuravel

Investment is an important element in modernizing agriculture. However, the studied industry is characterized by features that lead to risky activities. The purpose of the article is to study the problem of investing in the agricultural sector of Ukraine's economy and determine the degree of risks of this process in the context of modernization. Studies show that investment is a necessary part of modernizing the agricultural sector of the economy. The specifics of investment in the agricultural sector of the economy, primarily due to the characteristics of the industry, ie depends on a variety of climatic, social, economic, financial and other factors. A key component of the investment process is to identify effective sources of funding. The analysis shows that 90% of the total investment in agriculture in Ukraine is the own funds of enterprises and organizations. In second place - loans in the form of loans and other loans (8.6%). Investment resources of the state and local budgets are extremely low – 0, 3 and 0.1%, respectively. All risk factors of the industry can be divided into internal and external. Agriculture is an important sector of the economy, on the development of which depends the food security of the population. Economic analysis of the industry has shown the need for its modernization. One of the directions of modernization of agricultural production is the intensification of investment activity, which is at a low level of development due to the riskiness of the industry.

Author(s):  
Aigul Aldungarovna Aitpaeva

The article focuses on the importance of digitization of agriculture for rising the competitiveness of the domestic agro-industrial complex (AIC). In order to obtain an objective picture of APC nowadays, there have been analyzed the supplies of the staples in the Russian Federation and revealed the problems with producing milk, beef, fruit and vegetables of sheltered ground. It is stated that today Russia is actively implementing import substitution strategies in the sectors of the national economy including the agricultural sector. The main purpose of functioning of the national AIC has been determined as ensuring the parameters of food security for the population of Russia. There are considered the burning issues on achieving food self-sufficiency, the solution of which lies in increasing the competitiveness of the national AIC. The emphasis is placed on the need to transfer agricultural production to the ecological and economic principles of management and the rational distribution of using all types of resources. It has been recommended to assess the soil-climatic and economic potential of the territory in order to identify the priorities of food self-sufficiency for basic types of food in all regions of the country. Formation of the organizational and economic mechanism for creating competitive advantages of AIC helps to develop agricultural production on the innovative basis and to ensure the long-lasting food security at the federal level. The factors increasing AIC competitiveness are: economic soil fertility, usable agricultural areas, optimization of the structure of sown areas, system development of fodder production and animal husbandry, digitization of agriculture, etc. There have been analyzed the problems of insufficient digital prevalence in agriculture; the role of digitalization in achieving the parameters of food security is substantiated. The study results can be used to improve the mechanism of ensuring food security for the population of Russia.


2020 ◽  
Vol 22 (1) ◽  
pp. 112-118
Author(s):  
Karina Utenkova ◽  

Introduction. The article is devoted to the problems of agricultural development as a basis for ensuring food security in Ukraine. Food security is one of the important components of economic security, which creates a basis for further progress and development of the state. Achieving food security is one of the Global Goals for Sustainable Development by 2030, set by the UN to member countries at the Summit on Sustainable Development. The purpose of the article is to reveal the problems and prospects for the development of the agricultural sector in the context of ensuring food security in Ukraine. Results. It has been determined that the contribution of agricultural production to the GDP in Ukraine is quite significant. According to the results of 2018, 89% of agricultural enterprises have received a profit. The consumption of main types of food products by the population of Ukraine is less than the scientifically substantiated norms, namely: the actual consumption of meat is 64% of the norm; milk and dairy products – 52%; eggs – 94.8%; fish – 59%; fruits, berries and grapes – 53%. At the same time, there is a steady increase in the share of agricultural products in the structure of exports (in 2019 – 44.2%). According to the Global Food Security Index, Ukraine does not have the best positions and yields not only to all European countries, but also to those countries to which it exports food. Conclusions. Ukraine occupies the 76th out of 112 positions in the 2019 Global Food Security Index. Problems that pose potential threats to food security are acute, particularly, the lack of balance in the diet of Ukrainians. Due to the products of animal origin, the caloric value of the diet is provided only by 28% at the optimal level of 55%. The share of the population’s expenditures on food products is unacceptably high: more than half of the total aggregate expenditures, which is higher than the similar indicators of the EU countries by 3-5 times. The increase in agricultural production should take place in compliance with environmental norms and international food quality standards.


2002 ◽  
Vol 7 (3) ◽  
pp. 529-545 ◽  
Author(s):  
Ernest L. Molua

The risks associated with increasing climate variability pose technological and economic challenges to societies which are dependent on agriculture for their livelihood. In Southwestern Cameroon the natural variability of rainfall and temperatures contribute to variability in agricultural production and food insecurity. This paper explores the impact of climate variability in Southwestern Cameroon on food availability. It examines farm household's vulnerability to food availability relating to climate, and reviews the interplay of climate, agriculture, and prospects for food security in the region. An econometric function directly relates farm income and precipitation, in order to statistically estimate the significance of farm-level adaptation methods. The results reveal that precipitation during growing and adaptation methods through changes in soil tillage and crop rotation practices have significant effects on farm returns. An essential precondition for food security and overall agricultural development in Southwestern Cameroon is a dynamic agricultural sector brought about both by steady increase in agricultural production and by greater efforts in farmer support, to enable farm households to take advantage of the opportunities and to minimize the negative impacts of climate variation on agriculture.


2019 ◽  
Vol 11 (2) ◽  
pp. 237-234
Author(s):  
Opeyemi Eyitayo Ayinade ◽  
Ifedotun Victor Aina ◽  
Kayode Ayinade

Skyrocketing prices of food staples such as maize can lead to inefficient agricultural production and definitely have detrimental effects on the economic, social, and political growth of any country. Most studies on maize in Nigeria are focused on the increasing consumption or competitiveness, very few address the determinants of maize price change as a panacea for the increase of productivity. Filling this gap requires a study on the various factors that contribute to the variations in the price of maize. In this study, secondary data were used. The study used descriptive statistics tools to analyze the pattern of price variations and changes in the production of maize over a period of 36 years in Nigeria. Also, various factors affecting price variation of maize were examined. It was recommended that the positive and significant impact of country’s population to maize price change should serve as an impulse to encourage investment in agricultural sector of Nigeria in order to ensure food security in the country. Also, the government should use the inflation measures to regulate prices of maize in the country


2013 ◽  
Vol 5 (1) ◽  
pp. 3-21 ◽  
Author(s):  
Amnon Golan ◽  
Harinder Kohli

This article assesses performance of the agricultural sector in Vietnam, Indonesia, and the Philippines (VIP countries) during the period 1980–2011, future prospects up to 2040 and food security in these countries and in the ASEAN region. Analysis of the past performance and likely future scenarios was carried out with the aid of the Centennial Group’s Global Growth Model after introducing several modifications to address the needs of the agricultural sector. Our modeling efforts were divided into two parts. The first part comprised a macro-economic analysis of future scenarios at the global level and for VIP countries. The second part included analysis at the country level of future total factor productivity (TFP), agricultural production and changes in national food consumption habits. As a countercheck use was also made of IFPRI’s updated IMPACT Model, and in the case of the Philippines, the AMPLE model.


Author(s):  
Yevhenii Lanchenko

Topicality. In the economic mechanism of regulation of the labor market in the agrarian sphere is of great importance for forecasting and balancing supply and demand for labor, depending on the volume of agricultural production and the corresponding formation of real investment in job creation in the branch. Therefore, the direction of research of investment processes and employment of the population in the agricultural sphere is relevant. Formulation of the problem. Investment processes in agriculture of Ukraine should provide reproductive processes in the branch, improve the structure of means of production and attract workers to enterprises. At present, there is a rapid reduction in labor force in the agrarian sphere, but there are not enough alternative jobs in the countryside, which increases migration flows in the country. The current urgent task of the state is to create conditions for investing in the creation of jobs in the agrarian sphere to ensure rational employment of the population and food security of the country, etc. The subject of research covers the social and labor aspects of investing in agricultural production. The purpose of the work is to substantiate the directions, terms, volumes and sources of investment in creating jobs in the agricultural sector. Methods of conducting research: abstract-logical, systematic approach, balance, monographic, statistical-economic, economic-mathematical, calculation-constructive methods. Results of the work: quantitative indicators of increase of formal employment of the population in the agrarian and other sectors of the economy and corresponding prognostic scenarios due to activation of investment and reproduction processes in the industry are substantiated; directions, volumes, terms, sources of investment in production of products in agricultural enterprises and improvement of the mechanism of their state support are determined. Practical implementation: formation of investment policy at state, branch and enterprise levels of economy, process of development of state and local programs of promotion of employment of population, agrarian and rural development. Conclusions: activation of investment in labor-intensive production of agricultural products while attracting public and private capital investments in the industry will ensure rational employment of the population in the agrarian sphere, will promote the development of agrarian social and labor relations.


2021 ◽  
Vol 244 ◽  
pp. 03024
Author(s):  
Bakhodir Sultanov ◽  
Lochinbek Amirov ◽  
Mavluda Askarova ◽  
Barna Rakhmankulova ◽  
Maftuna Tosheva

When studying the topic, the author analyzes the implementation of reforms and their impact on the development of the agricultural sector of the Republic of Uzbekistan. Special attention is paid to the pandemic crisis that has affected all spheres of the economy and the life of the population. The importance of the actions taken by the state in relation to the improvement of the agricultural sector, not only through the production of agricultural raw materials, but also in other ways, is revealed. One of these ways is the production of products that can compete on the world market, the production of semi-finished products, and others. Methods of analysis, synthesis, grouping, observation, and deduction were used in the study of the material. Using these methods, the authors were able to come to a better conclusion, and make suitable conclusions and suggestions. In conclusion, the ways to improve the efficiency of agricultural production, through the introduction of resource-saving technologies, innovative technologies, and especially the removal of state attention to the agricultural sector, are revealed. The article also focuses on the state of agriculture during and after the pandemic, and compares it with other countries of the world. The authors made proposals that are most suitable for the development of agriculture, ensuring food security and independence of the population.


2021 ◽  
Vol 37 ◽  
pp. 00045
Author(s):  
Igor Pigorev ◽  
Danil Zyukin

The problem of updating the fleet of agricultural machinery and introducing technologies into agricultural production is acute. In the current foreign policy and economic conditions, the issue of ensuring food security has become extremely important, in connection with which there is an urgent need to increase the efficiency of agricultural production in a short time. In such a situation, the most effective way is to intensify production, and in this process, machinery and equipment play a primary role. The study found that in the Russian Federation in the period 2015-2020. There was a reduction in the fleet of agricultural machinery, which caused an increase in the load on the existing fleet of tractors and combine harvesters. The rates of renewal of agricultural machinery concerning tractors and combine harvesters have decreased, which, together with other conditions, negatively characterizes the situation with the renewal of the fleet of machinery in agricultural production. In the context of ensuring the implementation of the policy of import substitution and ensuring food security, the state should provide greater support to agricultural producers when updating the fleet of equipment, since in the context of the weakening of the ruble, the deterioration of the national economic system, the falling purchasing power of the population and other factors, agricultural producers will not be able to independently master additional the financial burden, and the renewal of the material and technical base, especially when it comes to the supply of imported equipment, is an expensive issue.


2019 ◽  
Vol 19(34) (3) ◽  
pp. 67-74
Author(s):  
Edyta Łyżwa

The importance of researching the agricultural economy of Ukraine have got big importance in the perspective of the country’s and Europe food security. The article accepts investments as the basic determinant of the sector’s development. The background of the reflections is the transformation of the agricultural sector after Ukraine regained it’s independence. The research covered territory of Ukraine, recalling empirical data from the years 1991-2018, with particular emphasis of the investments in 2012-2018. The purpose of the article was to identify investment activity in the modern agricultural Ukraine’s economy. The mentioned data allowed us to draw conclusions about the ineffective use of the country’s agriculture potential and agri-food processing as well as the intensification of the state's investment activity in recent years that support the development of this sector’s economy.


2019 ◽  
Vol 50 (Special) ◽  
Author(s):  
Rossinskaya & et al.

The agricultural sector is most subject to the influence of risk factors. This might be explained by the fact that the efficiency and the output of agricultural production depends not only on invested labor and funds, but also on climatic, weather, environmental conditions, natural disasters. In this regard, the development of theoretical foundations of operational risk management in agriculture is highly relevant. The objective of our study was to develop measures to improve the methods of risk assessment and operational risk management at the level of agricultural enterprises, taking into account the requirements of environmental management and environmental protection. The article discusses the conditions and features of agricultural production at the present stage of economic development, gives a comparative description of various sectors of the economy by the presence of risk factors and proposes methods for operational risk management in the agro-industrial complex. An risk management algorithm for agricultural enterprises has been developed.


Sign in / Sign up

Export Citation Format

Share Document