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

22026 ­ ­ 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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Galib. Hajiyev

Department of “Economy of enterprise” of Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Faiq. Gasimli

PhD student of the Agricultural Economics Research Center

   

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Aygun. Huseynova

Baku State University

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Fariz. Suleymanov

Ph.D. student of the Azerbaijan State Agrarian University

   

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Rashad. Huseynov

Center for Analysis of Economic Reforms and Communication

  Doctor of Philosophy in Economics  

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Boyukxanum. Abdulkarim

Baku State University

   

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Ibrahim. Jafarov

Azerbaijan State Agricultural University

  Corresponding member of ANAS, prof  

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Nurida. Gasimova

Ph.D. student of Azerbaijan University of Cooperation

   

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Izzat. Talibov

Chief consultant in Ministry of Agriculture of Azerbaijan Republic

   

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Chilenay. Abishova

Ph.D. student of the Agricultural Economics Research Center

   

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Said. Mustafayev

Ph.D. student of the Agricultural Research Center

   

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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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Tamraz. Tamrazov

Vegetable Research Institute

   

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Saadat. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Kamala. Sadygova

Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology

  researcher