MANAGEMENT OF THE DEVELOPMENT OF FAMILY FARMS IN THE CONTEXT OF ECONOMIC TRANSFORMATION: ASSESSMENT OF THEIR ROLE AND MEASURES TO SUPPORT THEIR SUSTAINABLE DEVELOPMENT

Abstract

The Survival of Family Farms: Socioemotional Wealth and Factors Affecting Intention to Continue the Business are considered. In most of FAO's program countries in Europe and Central Asia, the farm structure is dominated by smallholder farmers and small family farms. Small farms have many needs and limitations to their effective operation and development, which are outlined in the work and require special support. Smallholders and family farms are often economically unviable, and the rural population remains the poorest and most vulnerable. Despite this, they are potentially a key resource for achieving sustainable economic, social and environmental development of the country. Family farming – both globally and in Europe and Central Asia – is an important component in achieving several Sustainable Development Goals (SDGs). In this regard, a key goal of the SDGs is to double agricultural productivity and incomes nsmall food producers by 2030. For these reasons, supporting small farmers and family farms is one of the main priorities in Europe and Central Asia. In Ukraine, the development of small farming is significantly limited due to policy and market failures that have occurred over the past 20 years. Governments, private sector actors, and civil society organizations must work together to address these challenges and create an enabling environment for agricultural enterprises to thrive. By doing so, agricultural enterprises can play a crucial role in promoting economic growth, reducing poverty, and ensuring food security for the world's growing population. As indicated above, very few policy interventions targeting smallholders have been identified, and most public agricultural policy is horizontal and primarily being absorbed by bigger farms. Implementing proposed measures will boost effective management of family farms developing.