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

22512 ­ ­ 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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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Alizamin. Guliyev

Azerbaijan Technical University, Ph.D.

   

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Bahruz. Nuriyev

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Gamar. Ibrahimova

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Sarvan. Jafarov

Ph.D. student of the Agricultural Economics Research Center

   

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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Talib. Huseynov

PhD student of the Agricultural Economics Research Center

   

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center

   

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Namig. Shalbuzov

Deputy Director of the Agricultural Economics Research Center

  Doctor of Philosophy in Economics