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

30866 ­ ­ EN ­ ­ 32. April 2020 ­ ­­ ­ Agricultural enterprises finance-budget agriculture financial mechanism competition

 

UOT: 33.334.7:336.5

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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Ulviyya. Rasulova

Azerbaijan State University of Economics (UNEC)

   

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Saadat. Guliyeva

Azerbaijan Academy of Labor and Social Relations

  Doctor of Philosophy in Economics  

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Rafiz. Ismayilli

student of the Agricultural Economics Research Center

   

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Nneka. Osadolor

Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria

   

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Arshad. Yashar

Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Arzu. Huseyn

Azerbaijan Tourism and Management University

  Ph.D., docent  

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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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Zakir. Guliyev

Baku Business University

  Doctor of Philosophy in Economics  

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Khaliq. Ghafarli

Ph.D. student of the Agricultural Research Center

   

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Arastun. Jalilov

  Doctor of Philosophy in Economics  

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Ramil. Huseyn

Center for Economic Reforms and Communication

  Doctor of Economics