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

35203 ­ ­ 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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Nneka. Osadolor

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

   

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Nigar. Gasimova

Agricultural Research Center, senior specialist

   

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Maharram. Huseynov

Azerbaijan State Agricultural University

  prof, dr  

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Gunel. Naghiyeva

Master of Azerbaijan State University of Economics (UNEC)

   

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Elnara. Kazimova

Azerbaijan State Agrarian University

  senior lecturer  

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Javahir. Allahverdiyeva

Azerbaijan State Agrarian University

  senior lecturer  

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Ismayil. Kheyirkhabarov

Azerbaijan State University of Economics (UNEC)

  Ph.D., docent  

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Leyla. Hajiyeva

Ph.D. student of the Agricultural Economics Research Center

   

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Kenan. Mammadov

Associate Professor, Azerbaijan Technical University

  Doctor of Philosophy in Economics  

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Farman. Karimov

Research Institute of Plant Protection and Technical Plants

   

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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. Shahla

Baku State University

   

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Sarvan. Jafarov

Ph.D. 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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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Lala. Jabbarlı

Ph.D. student of the Agricultural Economics Research Center