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Directions for improving the financial and budgetary mechanism in the formation of large agricultural enterprises

22120 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

In contemporary conditions continuous changes in the economic conjuncture is a characteristic feature of the economic system. The article analyzes connection of the financial and budgeting mechanism in the formation of large agricultural enterprises directly from the economic potential of the state. In world practice, it is characteristic the wider use of financial and budgetary mechanisms to support the formation of large farms. The economic mechanism as a whole promotes the formation of an efficient economy in agriculture and an increase in the profitability of agricultural producers. Development of the financial and budgetary mechanism for the formation of large agricultural enterprises primarily serves to increasing the profitability of agricultural production, and in the article is analyzed the formation of large agricultural corporations with the accent on the selection of priority areas and financing measures, improving financial-budgetary mechanisms in this framework. The measures aimed at improving and stimulating the financial and budgetary mechanisms of agricultural enterprises were classified with appropriate proposals.

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AUTHORS

 

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Galib. Sharifov

Member of the working group on the implementation of ISO standards of the Ministry of Agriculture of the Republic of Azerbaijan

  Doctor of Philosophy in Economics  

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Rashad. Huseynov

Center for Analysis of Economic Reforms and Communication

  Doctor of Philosophy in Economics  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Bagish. Ahmadov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Vugar. Mehdiyev

h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation

  Ph.D., docent  

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Shamil. Rajabov

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Tamraz. Temrazov

Vegetable Research Institute

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Aygul. Salimova

PhD student of the Agricultural Economics Research Center