Open AccessINTERNATIONAL COMPETITIVENESS OF THE AGRO-INDUSTRIAL SECTOR OF UKRAINE IN TERMS OF MODERN ECONOMIC GLOBALISATION
Author(s) -
Вероніка Чала,
Ye. S. Barbul
Publication year - 2020
Publication title -
economic scope
Language(s) - English
Resource type - Journals
ISSN - 2224-6282
DOI - 10.32782/2224-6282/163-11
Subject(s) - business , agriculture , domestic market , profitability index , context (archaeology) , ukrainian , industrial organization , international trade , ecology , paleontology , finance , biology , linguistics , philosophy
The competitiveness of the agro-industrial sector should be considered as a fairly broad concept that characterizes the ability to compete in both domestic and foreign markets and is measured by the degree of presence of domestic products in them. The agro-industrial complex of Ukraine is one of the key components in the process of solving certain socio-economic problems. Domestic farmers have significant potential for development, the implementation of which requires addressing a number of obstacles. Despite the fact that Ukraine is one of the leaders in the export of agricultural products to the international market, in the future the development of the domestic agricultural sector may face significant problems due to low technology, insufficient inflow of investment resources, lack of highly qualified specialists in the industry. The article examines the prospects for the development of the domestic agro-industrial complex in the context of European integration. Ukrainian agricultural producers have a strong resource base for short-term capitalization and development of agricultural production, at the same time, agricultural enterprises are producers of raw materials, not finished products for consumption. Therefore, the efficiency of enterprises depends on the redistribution of income at all stages of value added. Reducing the cost of raw materials directly proportionally affects the profitability of production and efficiency of enterprises. The purpose of this article is to identify problems and prospects of agricultural entrepreneurship in Ukraine, and provide proposals for sustainable development of agriculture. The authors got acquainted with the mechanism of assessing the competitiveness of the enterprise and developing ways to increase competitive positions in the foreign market. The transformation of the agricultural sector of Ukraine is due to current trends, primarily in the world market. The integration of Ukrainian society into the European community encourages and forces domestic producers of the agricultural sector to produce products that are highly efficient and competitive, as the requirements for the quality characteristics of finished products increase.