Competitiveness of the agricultural sector: determinants of the global growth
Journal Title: Visnyk Ternopilskoho natsionalnoho ekonomichnoho universytetu - Year 2017, Vol 4, Issue
Abstract
The paper provides rationale for the key determinants of enhancing competitiveness of the agricultural sector in the light of the global growth, which is possible through structural adjustment of foreign economic opportunities and strategic focus on exporting competitive agricultural products. In order to advance the competitiveness of domestic agricultural products in the international markets, it is proposed to implement a series of measures through establishing a framework for ensuring a competitive market. By splitting the factors into those responsible for external and internal sectoral transformations, a framework for ensuring a competitive growth in the agricultural sector with regard to the global progress is developed. The effectiveness of introducing the framework is practically expressed in strengthening positions in export sales; expanding the existing markets and entering new ones; stabilizing domestic and external demand; producing environmentally-friendly and safe products that meet world quality standards. An innovative component of systemic changes in the sector is highlighted. Some trends and prospects related to foreign economic activities of the competitive agricultural sector are outlined. In order to address the challenges on the road towards more competitive agricultural sector the following proposals are developed and justified: to complete the adaption of Ukraine’s legislative and normative framework and the regulatory system to the requirements of the EU; to establish a national system of food safety in accordance with the requirements of the food safety and animal feed safety model introduced in the EU-countries; to introduce sanitary and phytosanitary measures that are consistent with the EU requirements in agribusiness enterprises; to accomplish the establishment and operation of the system of state market supervision over the observance of requirements to the safety of food products and creation of a network of accredited conformity assessment bodies and ensure the full recognition of the National Accreditation Agency of Ukraine by international institutions.
Authors and Affiliations
Borys POHRISHCHUK, Halyna Pohrishchuk
The current state of accounting of financial expenses
The article examines legal acts which regulate the process of collecting information on financial expenses in accounting and financial reporting. It is pointed out that loans bearing interest include: bank loans, issued bi...
Inclusive development of Ukraine and international financial and technical cooperation for its activation
The purpose of the article is to identify the problems and prospects of the inclusive development of the national economy, and to outline the state and possibilities of attracting foreign aid for its activation based on...
The merger of power and property in Ukraine: a mechanism of implementation and ways for regulation
The article addresses the issue of informal interrelation between power and property in Ukraine. Such a merger results in the following undesirable situations: when the government lobbies for the companies whose business...
Accounting information: economic essence and quality criteria
The article highlights the role of information in the management of an enterprise. It is proved that accounting findings are not only accounting information, but also some knowledge gained. That is why accounting informa...
The competitiveness of Ukraine’s banks in the world banking market
The article examines the market of banking services in Ukraine through comparing indicators of competitiveness of Ukrainian banks and banks with foreign capital in the domestic market and global market. Taking into accou...