Determіnants of Economіc Development of Agrіculture in Ukraіne

Abstract

Abstract. Introduction. The agricultural sector is an important component of the economy of Ukraine and has a decisive influence on the socio-economic development of the regions and the general standard of living of the population. Ukraine is one of the leading producers of agricultural products in the world, but at the same time, the country's agriculture has significant problems, such as low production efficiency, backwardness of technologies, insufficient financing, underdeveloped infrastructure, and others. The study of the determinants of the economic development of agriculture in Ukraine will help determine the key factors that influence the development of this industry and develop effective measures to improve its condition. Such factors include the political situation, human resources, legal support, the level of technological equipment, the level of state support, the degree of competition in the market, and others. Purpose. The purpose of the artіcle іs to reveal the іnfluence of the maіn determіnants on the economіc development of agrіculture іn Ukraіne. Results. According to the results of the conducted research, the priority factors of the economic development of agriculture in Ukraine are outlined: balanced state regulation; creation of incentives for the development of small and mediumsized enterprises engaged in agricultural production products by encouraging them to invest in startups, as well as in innovative modern technologies; unification of farmers into production and service agricultural cooperatives; increase in the specific weight of livestock products in the structure of Ukraine's GDP; transition to resource-saving and energy-saving production technologies products; increasing the production of ecologically safe products; compliance with the principles of circular economy. Conclusіons. The economic development of agriculture is formed and ensured by determinants that have a tendency to change, influence in a specific period of time or in a specific situation. The principles of agricultural development in the field of production organization are the balance of its development according to economic, technological, social and ecological determinants. In modern conditions, the political and legal determinant is gaining increasing importance. This proves the need for constant monitoring of such changes.