Directions for improving the financial and budgetary mechanism in the formation of large agricultural enterprises
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Tahmasib Huseynov Faiq, Doctor of Philosophy in Economics |
| Azerbaijan State University of Economics (UNEC) | |
| tahmasib.huseynov@unec.edu.az |
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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Firdovsi. Fikratzade
Director of the Agricultural Economics Research Center, Doctoral student at the Institute for Scientific Research on Economic Reforms
Doctor of Philosophy in Economics
Kamala. Sadygova
Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology
researcher
Vugar. Mehdiyev
h.D., Associate Professor, V.M. Mehdiyev Azerbaijan University of Cooperation
Ph.D., docent
Rena. Musayeva
Department of “Economic Regulation” of Azerbaijan State University of Economics (UNEC)
Yunus. Sadigov
Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher
Ph.D., docent
Savalan. Seyfaddinov
Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan
Ph.D. in Agrarian Sciences