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

26708 ­ ­ 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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Mushfiga. Mammadova

Agricultural Economics Research Center

  Ph.D., docent  

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Turan. Hajiyeva

Specialist of the Agricultural Research Center

   

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Elbrus. Akbarov

Azerbaijan State University of Economics (UNEC), senior lecturer

   

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Ruhiyya. Gambarova

Azerbaijan State Agrarian University

  Doctor of Philosophy in Economics  

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Tahmina. Safarli

Ph.D. student of the Baku State University

   

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Turaj. Musayev

Agricultural Economics Research Center, leading specialist

   

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Nargiz. Hasanova

Azerbaijan State Agrarian University

   

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Aygun. Huseynova

Baku State University

   

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Irada. Huseynova

Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS

  academician  

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Rashad. Huseynov

Agricultural Research Center, director

  Doctor of Philosophy in Economics  

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Lotanna. Emediegwu

Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing