Agricultural Development Management in the Context of Ukraine's Foreign Economic Security
Agricultural Development Management in the Context of Ukraine's Foreign Economic Security
Author(s): Roman Vyacheslavovich Ivanov, Yurii Valentinovich HurtovyiSubject(s): National Economy, Business Economy / Management, Agriculture, International relations/trade, Economic development
Published by: Дніпропетровський національний університет імені Олеся Гончара
Keywords: Agriculture; Indicators of Foreign Economic Security; Export of Agricultural Sector Products; Global Food Security; Black Sea Grain Initiative;
Summary/Abstract: Purpose: Unsolved pre-war problems of agricultural production are additionally burdened by ongoing military operations, which have caused inevitable changes in domestic and foreign markets. Identifying and eliminating threats to the development of the agricultural sector will increase the efficiency of agricultural production, which will increase the level of foreign economic security of the country and, at the same time, strengthen global food security. Design/Method/Approach: Based on the data of domestic and international statistical services and organizations, we used economic and statistical methods (regression, trend analysis) and graphically presented the obtained results. Findings: A critically low share of imports negatively affects foreign economic security and pricing in the domestic market. The products export of plant-origin and low-value metals, as opposed to the high-tech products import, is critical. The condition with the provision of fish and fish products, fruits, berries and grapes, eggs, vegetables, and melon food crops is unstable. It depends either on conditions in foreign markets or only on domestic factors. The geographical structure of foreign trade is unsatisfactory and threatening due to excessive imports from China. An inverse correlation between the export volume of Ukrainian agricultural products and the world level of food prices has been established. Theoretical Implications: The work confirms the importance of the Ukrainian agricultural sector in the context of global food security. Practical Implications: We offer a set of actions, the implementation of which will make it possible to eliminate problems in agricultural production that negatively affect the state of foreign economic security. Originality/Value: Work on a highly specialized topic, which includes the development of agricultural processes against the background of ongoing military operations. Research Limitations/Future Research: In further research, it is advisable to consider the importance of the agricultural sector in the system of economic security of different countries since this article is limited to the methodology of the Ukrainian government. Paper Type: Empirical
Journal: European Journal of Management Issues
- Issue Year: 31/2023
- Issue No: 3
- Page Range: 160-176
- Page Count: 17
- Language: English