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

30766 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

 

UOT: 33.334.7:336.5

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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Galib. Sharifov

Head of the Department of Quality Management of "Agro Procurement and Supply" OJSC, ISO standards expert

  Doctor of Philosophy in Economics  

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics  

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Akif. Aghbabali

Baku State University

   

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Ramil. Asgarov

Doctoral student of Azerbaijan State Agrarian University

   

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Ulker. Mammadova

Ph.D. student of the Azerbaijan Cooperation University

   

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Ceyran. Babirova

Ph.D. student Azerbaijan State University of Economics (UNEC)

   

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Yusif. Akhundov

Ph.D. student of the Agricultural Research Center

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Nigar. Gasimova

Agricultural Research Center, senior specialist