The impact of the government support on the development of the corn market

Authors

  • I. Vashchenko National University of Life and Environmental Sciences of Ukraine image/svg+xml

DOI:

https://doi.org/10.31548/bioeconomy2019.02.014

Abstract

The grain market is a strategically important area of the agro-industrial complex (AIC), on which the standard of living of the population depends. It is the subject of constant attention of both the authorities, scientists and businessmen. About 40% of agro-production is directly related to grain resources. Expanded reproduction of the grain market in terms of its place and importance for the economic and social development of society should be considered as one of the most important prerequisites for achieving sustainable economic growth and meeting the primary needs of the population.

The issue of state regulation of the grain market in Ukraine has always been given close attention, and in recent years this topic has become particularly relevant. After all, it is directly related to ensuring the food security of the country, the normal functioning and satisfactory financial condition of agricultural producers, as well as ensuring the export potential of the country's grain industry. The current economic situation requires improvement of approaches to the implementation of agrarian policy for the development of the grain industry and introduction of its systematic nature.

The grain market is one of the most researched by object theorists and practitioners, whose operation today remains far from effective.

The transformation processes taking place in the agro-industrial complex of Ukraine require the study and study of all directions of transformations in its structure, including the grain market.

The article analyzes the problems of development of the grain market of Ukraine in the context of its impact on enhancing the international competitiveness of the domestic economy, and makes recommendations for solving this problem. The main state tasks for establishing the rules of regulation of the grain market are considered.

References

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Published

2020-03-02

Issue

Section

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