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

22078 ­ ­ 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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Akif. Aghbabali

Baku State University

   

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Aygul. Salimova

PhD student of the Agricultural Economics Research Center

   

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Yunus. Sadigov

Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher

  Ph.D., docent  

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Gurban. Mirzayev

Azerbaijan State Agrarian University

   

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Alizamin. Guliyev

Ph.D. candidate of the Azerbaijan Technical University

   

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Vuqar. Namazov

Ph.D. candidate of the Azerbaijan State Economic University (UNEC)

   

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Elay. Zeynalli

Azerbaijan State Agrarian University

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Naila. Aliyeva

Associate professor of the Azerbaijan State Economic University (UNEC) Doctoral student of the Agro Researches Center

  Doctor of Philosophy in Economics  

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Abbas. Safarov

Ph.D. student of the Agricultural Research Center

   

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Alamdar. Asgarov

Vegetable Research Institute