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

27131 ­ ­ 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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Mushfiq. Tukanov

Ph.D. student of the Agricultural Research Center

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Okiemua. Okoror

Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK

   

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Samir. Agayev

Ph.D. student of Azerbaijan State Economic University (UNEC)

   

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Akif. Aghbabali

Baku State University

   

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Gabil. Kazimov

Research Institute of Crop Husbandry

   

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Agshin. Huseynzade

Master of Azerbaijan State University of Economics (UNEC)

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center

   

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Aligulu. Mehdiyev

Ph.D. student of Baku Engineering University

   

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Tamraz. Tamrazov

Vegetable Research Institute

   

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Nneka. Osadolor

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

   

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr  

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Gulnar. Bashirova

Master of Azerbaijan State University of Economics (UNEC)

   

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Azer. Gurbanzadeh

Azerbaijan Cooperation University

  Ph.D., docent  

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Islam. Ibrahimov

Baku Business University

  prof, dr