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Home 32. April 2020 Directions for improving the financial and budgetary mechanism in the formation of large agricultural enterprises

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

Tahmasib Huseynov Faiq, Doctor of Philosophy in Economics
tahmasib.huseynov@unec.edu.az

39942 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

 

UOT: 33.334.7:336.5

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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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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Ilkin. Huseynov

Doctoral Student Agrarian Research Center

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center

   

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Elnur. Alakbarov

Dissertant of the Agricultural Economics Research Center

   

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Okiemua. Okoror

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

   

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Gulnara. Jafarova

Agricultural Economics Research Center, leading specialist

  Doctor of Philosophy in Economics  

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Jubril. Animashaun

Department of Economics, The University of Manchester, UK / Department of Agricultural Economics, University of Ilorin, Nigeria

   

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Aytekin. Huseynli

Ph.D. student of the Baku State University

   

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Esmira. Latifova

Director Adviser, Agricultural Economics Research Center

   

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Emin. Ahmedzadeh

Doctoral student of the Agricultural Research Center

  Doctor of Philosophy in Economics  

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Nazrin. Ramazanova

Master of Azerbaijan State University of Economics (UNEC)

   

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Mehman. Rzayev

Azerbaijan RPA Hydrotechnics and Melioration

  doctor of agrarian sciences  

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Alamdar. Asgarov

Vegetable Research Institute