Information and analytical providion of budget support of institutional sectors of the economy (on the example of the agricultural sector of Ukraine)

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Published: Nov 1, 2020
DOI: https://doi.org/10.14807/ijmp.v11i9.1418
Keywords:
Information support Budgetary financing Agricultural sector Institutions Ukraine State support programs indicators of OECD Agricultural support Systemic crisis

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Oksana Radchenko
National Scientific Center “Institute of Agrarian Economics”
http://orcid.org/0000-0003-4892-7764
Maryana Matveyeva
Stepan Gzhytskyi National University of Veterinary Medicine and Biotechnologies
Hanna Holovanova
Petro Vasylenko Kharkiv National Technical University of Agriculture
Kateryna Makhyboroda
National University of Life and Environmental Sciences of Ukraine
Yuliia Haibura
State Agrarian and Engineering University in Podilya
http://orcid.org/0000-0002-2267-4968
صندلی اداری

Abstract

The aim of the article is to study the information support of the institutional field and state regulation of agricultural development of Ukraine through the analysis of current strategies and tools and programs of state support. The relevance of the study is due to the significant increase in the role of state support for key sectors of the economy in a systemic crisis caused by the coronavirus pandemic COVID-19 and restrictive quarantine measures. Limitation of budget funds implies an urgent need for their most rational use, identifying trends and areas of which this study is devoted. The research methodology is based on comparative analysis, economic and mathematical modeling, methods of assessing the effectiveness of budget programs, the use of analytical surveys, statistics on self-assessment of agribusiness and data from independent news agencies on the effectiveness of government regulation. The information base is the regulatory framework for state support of the agricultural sector, analytical studies on budget support for the agricultural sector and budget expenditures for agricultural development were based on official data from the State Statistics Service of Ukraine and the Ministry of Economy, Trade and Agriculture of Ukraine. The study analyses some components of the Strategy for the development of the agricultural sector of Ukraine, the Concept of development of farms and agricultural cooperation for 2018-2020, the project and the place of state support in its regulation. The dynamics of state support for 2016-2019 is shown, the main factors of influence are characterized and the dynamics of state support of the agricultural sector of Ukraine evaluated according to the OECD (Organization of economic cooperation and development) methodology is given. An analysis of the expenditures of the State Budget of Ukraine in 2020 on agricultural and rural development is carried out. The given research can be used at formation of current programs of budgetary support of branch, development of concepts of sustainable development of separate forms of managing – farms and peasant farms, adjustment of strategic plans, formation of their key indicators for monitoring and for increase methodological bases and principles of state regulation and other institutional factors of agricultural finance.

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Article Details

Issue
Vol. 11 No. 9 (2020): Independent Journal of Management & Production (2nd Special Edition ISE, S&P)
Section
Integration System of Education, Science and Production

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Author Biographies

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

Ph.D. (Economics), Associate Professor

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

Ph.D., Assistant 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.

Hanna Holovanova, Petro Vasylenko Kharkiv National Technical University of Agriculture

Ph.D. (Economics), Senior Lecturer Department of Organization of Production, Business and Management, Petro Vasylenko Kharkiv National Technical University of Agriculture. 
She teaches disciplines: Management, Management of Tourism, Organization of Production. Scientific interests: Organizational and economic principles of agricultural enterprise commodity specialization management. Personal Management
Author of more than 15 scientific works.

Kateryna Makhyboroda, National University of Life and Environmental Sciences of Ukraine

Postgraduate, Department of Global Economic

 

 

Yuliia Haibura, State Agrarian and Engineering University in Podilya

Ph.D. in Economics, Аssociate Professor of Finance, Banking and Insurance Department in State Agrarian and Engineering University in Podilya.
She teaches disciplines taught: financial analysis, economic analysis, analysis of economic activity.
Author of more than 100 scientific works. Scientific interests: Finance,  Analisis, Economics, Income.     
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