The purpose of the article is to justify features of credit support for reproduction of basic agricultural products. It is shown that the modern financial system of Ukraine is in a state of prolonged decline, the output of which depends on the innovation activity of all subjects of the financial system, on the effective reproduction of fixed assets and the adequate financial and credit mechanism of its provision for agricultural enterprises. Methodology. There are several stages of reproduction of fixed assets of agricultural enterprises. At the first stage, there is a productive use of fixed assets. At this stage, they wear out and, accordingly, the amount of wear is calculated. It is the basis for the cancellation of the amount of depreciation deductions for costs after the completion of the production process. At the first stage of the turnover of fixed assets, the lost value of means of labour is lost. It is carried over to the cost of finished products. At the second stage, the transformation of the worn out of fixed assets, which were in a productive form, into cash, is taking place. On the third stage, in the process of production, there is an update of the consumption value of the fixed assets. This update is carried out by replacing the worn core production assets with new ones due to the accumulated depreciation of fixed assets. Results. Thus, it is established that the process of reproduction of fixed assets of agricultural enterprises is characterized by a number of features. The main ones are: a gradual write-off of cost to production costs; partial reproduction of the value in the finished product and its accumulation in cash; a long-time interval required for the renewal of fixed assets in a naturally real form; the need to attract significant one-time cash expenditures. Practical implications. Thus, the peculiarities of credit support for the reproduction of fixed assets of agricultural enterprises are: the objective necessity of its implementation due to the unprofitableness of the industry and the impossibility for a large part of agricultural enterprises, from their own sources, to provide a simple and extended reproduction of fixed assets; seasonal production; necessity of state support of the crediting process of reproduction of fixed assets. Value/originality. Thus, credit support for the reproduction of fixed assets of agricultural enterprises is the obligation of an agrarian enterprise to a credit institution, which must be paid out over a period of more than one year from the date of drawing up the balance sheet, as well as the prolongation of short-term loans used by the enterprise solely for the purpose of reproduction of fixed assets.
The main ecological challenges of agricultural production of Ukraine in conditions of European integration are considered. The relevance of the chosen topic is justified by the high agricultural potential of Ukraine, which has common values and common interests with the European economic space. This is confirmed by the benchmarking analysis of the security and efficiency of land use in Ukraine among the EU-28 countries. It is known that the life quality of the society depends on the health of the environment, and the intensification level of the agricultural production and processing sector. Studies have shown that Ukraine lags behind the EU countries both in terms of living standards and social development. Therefore, the issue of forming a program to protect the soil resources of Ukraine from degradation and their effective use, with respect to social needs and environmental risks, is an important problem for the European countries as a single ecological system. The authors identify areas for agricultural production intensification in Ukraine, taking into account the requirements for quality and safety of the products. The need for the legal framework harmonization to regulate agricultural production and ensure sustainable development of ecosystems on the principles of a green economy is substantiated.
The purpose of the article is to improve the methodology for analysing credit support for the reproduction of fixed assets of agrarian enterprises. Various techniques have been developed to analyse the effectiveness of the formation of fixed assets and the process of their reproduction. Among them, the application of such types of analysis as horizontal and vertical (quantitative analysis of the structure of fixed assets and its changes), analysis of return on assets, capital intensity and profitability, indicators of extensive and intensive loading are widespread. Less applicable are calculations of various coefficients, such as the rate of retirement, renewal, increase in fixed assets.). Methodology. There are several approaches to analysing the effectiveness of the process of reproduction of fixed assets. A number of domestic scholars distribute such indicators to groups: natural and valuable. Natural includes all the technical and economic performance of engines, machines, performance indicators of cattle, etc. Among the highlights are indicators of economic, sectoral efficiency, and indicators of economic efficiency. Results. Determining the efficiency of the loan support for the reproduction process involves the creation of a system of indicators that, by the structure and in aggregate, reflect the degree of efficiency of the use of the loan. Indicators that are used today to assess the effectiveness of using credit support, have fundamental disadvantages, which makes it problematic for their practical application. Practical implications. Thus, some of them do not have a sufficiently significant theoretical justification, the same indicators have different names, are unsuccessful from the logical point of view, do not adequately reflect the needs of industry practices, others-when testing in the current accounting information, it is expedient to improve them. Value/originality. The application of the analysis of reproduction of fixed assets will allow receiving growth of economic indicators of activity of agricultural enterprises on the basis of ensuring the continuous process of financing production by economically grounded sources of working capital formation, one of which is short-term bank credit.
The purpose of this article is to study the experience of financial support of agricultural insurance system of Ukraine. Investigated peculiarities of innovative financial criteria of methodological approaches to the estimation of agrarian insurance methodical provision of process and technologies of agricultural insurance are evaluated. The content and principles of functioning of the mechanism of agricultural insurance are revealed. Methodology. The methodical approaches for determining the target indicators of a comprehensive assessment of the development of the agricultural insurance system and its criterion characteristics are developed. Agricultural insurance is considered an area of insurance that is technically demanding. The state is considered and trends and regularities of insurance development are revealed. An assessment of the suitability of any agricultural insurance service should take into account the production system; asset type; key risk factors that are subject to insurance; location of agricultural land; data availability; the size of the farm; sales channels. The research was based on the use of a systematic approach to the consideration of financial phenomena, on the fundamental positions of economic theory, system theory, the theory of finance, insurance management, etc. The quality in the hypostasis of the philosophical category characterizes the stable property of the phenomenon in the dynamics of its general development. Results. The practice and peculiarities of insurance protection of agricultural commodity producers are traced. The advantages and disadvantages of an assortment of insurance products are determined. The main internal and external factors influencing the mechanism of agricultural insurance have been identified. Practical implications. Deepened scientific ideas about the formation of the insurance policy. Unification is carried out according to different algorithms. This is due to the expediency of unifying the components for which the ranking is from the highest to the lowest. Value/originality. The essence of state support of agricultural insurance is determined. Innovative tariff policy is proposed and possibilities of application of non-traditional agricultural insurance products are revealed. The recommendations for determining the main landmarks and the dominant components of the development of agricultural insurance system development strategies have been formed. The conceptual platform for harmonization of the mechanism of agricultural insurance and improvement of its institutional and infrastructural component is substantiated.
The purpose is to study and analyse the prospects for development of economic aspects of organic beekeeping in Ukraine.The article deals with the main trends of greening of life, in particular those related to the beekeeping industry. The most promising activities are outlined and a number of factors that can be used by the entities to form the entrepreneurial potential of rural theories are identified. Beekeeping is the oldest human industry with a centuries-old history and Ukraine is recognized in the world as the homeland of cultural beekeeping. This branch of agriculture in the country provides both pollination of entomophilous crops and the production of various beekeeping products for the needs of the population and for various industries. Methodology. The expediency of introducing organic beekeeping methods is reflected. Requirements for production of organic beekeeping according to the Ukrainian legislation and regarding the requirements of the EU are covered. Results. The certification procedure is described and the certification bodies operating in the territory of Ukraine are characterized. The trends and the state of the organic beekeeping market are reflected, the concepts of “price” and “value” of organic produce are defined. A number of factors affecting the functioning of the beekeeping industry were identified, risks identified and measures taken to minimize them. Value/originality. For effective functioning of the industry it is suggested to use marketing channels and marketing strategies based on foreign experience and taking into account the Ukrainian specificity. The problems of organic beekeeping have been generalized, the main priorities have been identified and the ways of realization of the set tasks have been proposed. Therefore for the effective functioning of the organic beekeeping industry, it is first necessary: to use available natural and climatic potential (protected areas and certified agricultural lands); to develop special regulations and certification system that are adapted to international and European requirements and implement them in production and society; to create an effective mechanism of state support for enterprises that transform their own production and are in the transition period (low credit rates, legal support, compensation for the cost of organic certification) and control; to support and stimulate the development of the organic market through the dissemination of information, the establishment of advisory services and research and educational centers; to enter the international market of organic products as a finished product with its own brand and added value and not just raw materials. All this will increase the number of organic enterprises, employment and the income of producers.
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