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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Emin. Ahmedzadeh
Doctoral student of the Agricultural Research Center
Doctor of Philosophy in Economics
Gulnara. Jafarova
Agricultural Economics Research Center, leading specialist
Doctor of Philosophy in Economics
Nneka. Osadolor
Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria
Savalan. Seyfaddinov
Senior researcher at the Scientific Research Institute of Agriculture Ministry of Agriculture of the Republic of Azerbaijan
Ph.D. in Agrarian Sciences
Vusala. Babayeva
Doctor of Science Program of Agricultural Economics Research Center
Doctor of Philosophy in Economics
Galib. Hajiyev
Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)
Ph.D., docent
Irada. Huseynova
Vice-president of Azerbaijan National Academy of Sciences Director of the Institute of Molecular Biology and Biotechnology, ANAS
academician