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

24077 ­ ­ 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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Vugar. Mehdiyev

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

  Ph.D., docent  

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Tural. Mammadzade

Ph.D. student of

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics  

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Gulsum. Badirzade

Ph.D. student of the Azerbaijan Cooperation University

   

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Eldar. Guliyev

Agricultural Economics Research Center

  Ph.D., docent  

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Jalal. Safarov

Ph.D. student of the Agricultural Research Center

   

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Orkhan. Balayev

Education Center of Tax Ministry of Azerbaijan Republic

   

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Yunus. Sadigov

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

  Ph.D., docent  

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Vuqar. Namazov

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

   

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Shovkat. Yusufova

Azerbaijan Cooperation University

  Ph.D., docent