State financial regulation of the competitive environment: assessment for the agricultural sector of Ukraine

Main Article Content

Oksana Radchenko
Oksana Pashchenko
Maryana Matveyeva
Andrii Zelenskyi
Olena Zaika
صندلی اداری

Abstract

The article reveals the importance of state financial regulation as one of the most important tools for economic growth and ensuring the competitiveness of industries and the economy of Ukraine. The studies of domestic and foreign scientists on the subject of research are analyzed in detail. The state of enterprises of the agricultural sector of Ukraine for the period 2013-2020 has been determined. The study was carried out on the factors of providing agricultural producers with financial resources in terms of the size of the forms of management. The share of unprofitable enterprises in the industry for the same period is also analyzed. The achievements of the agricultural sector are described according to the statistical analysis of the state of socio-economic development of the regions in the period 2020-2021. The methodology for monitoring and evaluating the effectiveness of the implementation of the state regional policy in accordance with legislative regulations is described. This made it possible to establish that at the present stage, the financial regulation of the agricultural sector of Ukraine is carried out without proper scientific justification and, as a rule, responds slowly to the requirements of economic practice, especially in the context of deepening the penetration of global processes into the national economy. Approaches to the assessment of the competitive environment of the agrarian sector of Ukraine and the direction of its state regulation are proposed. Theoretical, methodological, and practical aspects of assessing the competitiveness of the sector are disclosed. The necessity and possibility of forming a competitive environment by fiscal policy measures, primarily budgetary regulation, is proved. The problems of forming a competitive environment in the context of the current crisis caused by the COVID-19 pandemic, the place of Ukraine in the world competitiveness ranking are identified, and methodological approaches to the development strategy are proposed. It is proved that the competitive strategy is based on the existing resources of the industry (material, financial and intellectual), the level of development of various forms of management, the structure of production, marketing, processing, the formation of value chains and a bilateral state-market regulator. The directions for improving the quality of the competitive environment, arising from the paradigm of innovative development of the agricultural sector, are summarized and provide for the stimulation of small business in niche and organic production and large-scale industrial production in terms of the main indicators of food security, as well as the development of land, financial, credit and resource markets and the formation of equal access to them all agricultural producers.

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Article Details

Section
Integration System of Education, Science and Production
Author Biographies

Oksana Radchenko, National Scientific Center “Institute of Agrarian Economics”

Ph.D. (Economics), Associate Professor

Oksana Pashchenko , National University of Life and Environmental Sciences of Ukraine

Ph.D. in Economics, Associate Professor. Has been working at the Department of Economics. She teaches disciplines taught students have a bachelor's and master's degree. Has practical experience of the leading specialist in economic and financial issues at the enterprise "Velykosnitynka” Educational Research Farm named after O.V. Muzychenko. Scientific interests: Finance, Banking and Insurance, Economics.

Maryana Matveyeva, Stepan Gzhytskyi National University of Veterinary Medicine and Biotechnologies Lviv

Ph.D., Associate Professor, Department of Public Administration. She teaches disciplines taught:  Administrative management, Crisis management, Marketing management. Scientific interests: Study of economic and environmental aspects of the formation of the sustainable development principles for the agricultural enterprises, Administrative management, Crisis management. Author of more than 20 scientific works. 

Andrii Zelenskyi, Podillia State University

Ph.D. in Economics, Associate Professor,

Olena Zaika, State Biotechnological University

Assistant Professor. Marketing, Reputation Management and Customer Experience Department.

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