Agricultural development of Ukraine as the basis for ensure its food security

Authors

DOI:

https://doi.org/10.15587/2312-8372.2018.129856

Keywords:

food security, agriculture, agricultural producer, government support, price development

Abstract

The object of research is agriculture in Ukraine in the context of providing its food security. Given the urgency of the problem of the growing population and finding its place in the global world economy, Ukraine represents agriculture as the basis of export potential and a driving force for further development.

One of the most problematic places is the heterogeneity of business entities operating in the industry. Agricultural enterprises are characterized by different values of assets and agricultural areas. However, for almost all, the problem of complex access to financial resources is characteristic. In turn, this situation reduces the efficiency of the industry. In addition, the abolition of most direct support programs for agricultural commodity producers and the reduction of the mechanisms of indirect state support pose an additional threat to the country's food security.

In the course of the study, general scientific and special research methods were used. In particular, the method of observation, abstract reassessment and statistical analysis allowed to reveal the main regularities and trends of the agricultural sector development of the Ukrainian economy. In turn, the graphical method allows to visualize the obtained results.

The qualitative characteristic of the interrelationship of the agricultural sector of the economy and food security of the country is obtained. This includes the direct interest of the government, which is responsible for the strategic development of the country. Food security is formed as a result of profitable activities of agricultural entities and the direct or indirect measures of state support. The latter allow to avoid numerous threats of management, typical for enterprises in the industry. At the same time, it should be noted that households have a significant potential for food security and self-sufficiency.

Thanks to the combination of entrepreneurial initiative and state support, sustainable agriculture sector development is ensured. The consequence will be the realization of opportunities of the industry, reduction of business risks, strengthening of export potential of Ukraine and ensuring its food security.

Author Biographies

Olena Iatsukh, Tavria State Agrotechnological University, 18, B. Khmelnitsky blvd., Melitopol, Ukraine, 72313

PhD, Associate Professor

Department of Finance, Banking and Insurance

Ivan Demchenko, Tavria State Agrotechnological University, 18, B. Khmelnitsky blvd., Melitopol, Ukraine, 72313

PhD, Senior Lecturer

Department of Finance, Banking and Insurance

Natalya Zakharova, Tavria State Agrotechnological University, 18, B. Khmelnitsky blvd., Melitopol, Ukraine, 72313

PhD, Associate Professor

Department of Finance, Banking and Insurance

Volodymyr Tsap, Tavria State Agrotechnological University, 18, B. Khmelnitsky blvd., Melitopol, Ukraine, 72313

PhD, Senior Lecturer

Department of Accounting and Taxation

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Published

2017-12-28

How to Cite

Iatsukh, O., Demchenko, I., Zakharova, N., & Tsap, V. (2017). Agricultural development of Ukraine as the basis for ensure its food security. Technology Audit and Production Reserves, 2(5(40), 37–44. https://doi.org/10.15587/2312-8372.2018.129856

Issue

Section

Problems of Macroeconomics and Socio-Economic Development: Original Research