Author(s) |
Цимбалюк Ю. А., , , Власюк С. А., , , Nepochatenko E.A., Candidate of Economics Sciences, , Uman National University of Horticulture, Ukraine Драчук О. В., , , Лебідь І. Ю., , , |
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Category | Economics | ||
year | 2024 | issue | Issue 105 part 2 |
pages | 264-283 | index UDK | 346.543:338.432 (477) | DOI | 10.32782/2415-8240-2024-105-2-264-283 (Link) |
Abstract | The agricultural sector of the economy of Ukraine is a powerful component of the national economy, one of the leading sectors in the export of products and the basis of food security. However, its stable and harmonious development directly depends on investment activity, which is a prerequisite for the technical, technological and innovative restructuring of this field of activity. Investments, interpreted as long-term investments, require a favorable basis for their infusion. Therefore, investment activity should be based on the conditions of an open, transparent partnership between the investor and the investment object. Unfortunately, this condition has serious implementation problems in Ukraine. Even before the introduction of martial law, investment activity in the agricultural sector of Ukraine's economy was characterized, in the view of foreign and domestic investors, by significant obstacles to implementation. First of all, these included the imperfection of the regulatory framework, the lack of tax benefits and incentives, outdated business methods and a high level of influence of external and internal factors, particularly those unregulated by humans, and ignoring potential mitigation tools such as insurance. And with the introduction of martial law, the situation was further complicated by the active conduct of military operations and the increase in the level of corresponding risks. In general, all the shortcomings that prevent active investment activity in the agricultural sector of the economy of Ukraine can be divided into three levels of the economic system: macroeconomic – are under the jurisdiction of state management bodies (ensuring an appropriate regulatory and legal framework, building an investment policy, reducing inflationary processes, regulating the political situation etc); mesolevel – the field of activity of local self-government bodies (development of investment strategies of the region, community based on the specifics of the territory; formation of a system of incentives and incentives for investors); micro level - directly formed at the level of enterprises and organizations (updating and modernizing the production process, practicing new techniques and technologies of operational activity; diversification of functioning, etc.). The existing problematic aspects are significant and prevent the formation of an active field as an internal one. The same applies to foreign investment activities in the agricultural sector of Ukraine's economy | ||
Key words | investments, investment activity, agrarian sector of economics, levels of economic system, investment politics |