The monograph examines the priority areas of rural development caused by the global challenges of the economy and society as a whole. The main factors of rural development, multidirectional links between the economy of municipalities and the level of economic development and economic security of the region are noted. The most important organizational and economic mechanisms for the development of the agricultural sector are shown: state support, tax regulation, introduction of information and communication technologies and digitalization. Applied solutions for managing costs and financial results, directions for diversifying the rural economy, and the feasibility of developing cooperation are outlined. The target positive directions of structural shifts in agriculture, ensuring the achievement of food security, are outlined. It is intended for managers and specialists of agricultural organizations, local governments, researchers, teachers and students of higher educational institutions.