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Economy, finances, management: topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 1 (51)

Published: 2020.04.28
DOI: 10.37128/2411-4413-2020-1


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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PROSPECTS FOR THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY OF THE ENTERPRISES OF AGRARIAN AND INDUSTRIAL COMPLEX

DOI: 10.37128/2411-4413-2020-1-10
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BROYAKA Antonina – Candidate of Economic Sciences, Associate Professor of the Department of Economics, Vinnytsia National Agrarian University (3 Soniachna St., Vinnytsia, 21008; e-mail: broyaka@vsau.vin.ua).

Annotation

The article examines the essence of foreign economic activity of enterprises, the features and prospects of its implementation in the field of agrarian and industrial complex. Based on the conducted analysis, it is proved that agrarian export of Ukraine plays a significant role in the formation of the budget and GDP of the country, since its share in 2018 was 14.2% of GDP and 33.4% of the total national exports of goods. The dynamics of export-import operations of the agrarian sector is explored and it is found that it demonstrates a positive trend in contrast to the general foreign trade balance of Ukraine. The analysis of the agrarian exports structure in 2010-2019 confirms the growth of the share of the majority of agrarian products types sold abroad.

However, Ukrainian exports are mainly oriented towards raw materials, which, among other reasons, is associated with technological backwardness and the limited ability of domestic agricultural producers to purchase modern equipment and technologies due to theirs low solvency. The commodity orientation of Ukrainian exports makes the competitive position of Ukraine in foreign markets vulnerable, since the demand for commodities is unstable and is characterized by significant price volatility.

The geographical structure of foreign trade in agrarian products and the possibilities of its further diversification are investigated. The majority of Ukrainian products in Europe are purchased in Poland, Italy and Germany. Significant connoisseurs of Ukrainian products are also Turkey, China, India, Egypt. Ukrainian exports should be expanded to Asian and Eastern countries.

The key problems that put the brakes on the development of the foreign economic activity of the enterprises of agrarian and industrial complex and hinder the competitiveness increase of domestic agrarian products in the international market are identified. A number of measures are proposed to promote the further development of the foreign economic activity of the enterprises of agrarian and industrial complex, including the development of appropriate strategies taking into account global market trends, harmonization and compliance with the quality and safety standards of agrarian products, improving the innovative component, strengthening state support (including financial) of the export-oriented agrarian enterprises, improving the investment climate, and more.

Keywords: foreign economic activity, foreign trade, export, import, agrarian and industrial complex, agrarian products.

List of references

1.                Bezpyata, I. (2016) Zovnishnoekonomichna diialnist ahrarnoho sektoradzherelo nadkhodzhennia inozemnykh investytsii [Foreign trade of the agricultural sector – the source of foreign investment]. Ekonomichnyi dyskurs – The economic discourse. Issue 3. pp. 6-25 [in Ukrainian].  

2.                Broyaka, A.A. (2016) Adaptatsiia zovnishnotorhovelnoi diialnosti ahrarnykh pidpryiemstv do suchasnykh ekonomichnykh umov [Adaptation of agricultural enterprises foreign trade activity to the current economic conditions].  Ekonomika. Finansy. Pravo. – Eсonomics. Finanсes. Law. # 4/2. pp. 14-20 [in Ukrainian].  

3.                Zovnishnia torhivlia Ukrainy tovaramy ta posluhamy za 2018 rik [Foreign trade of Ukraine with goods and services for 2018] (2019) The official site of Ministry of Economic Development and Trade of Ukraine. Retrieved from http://www.me.gov.ua/?lang=uk-UA (data zvernennia: 20.02.2020) [in Ukrainian].  

4.                Melnyk, L.H. (2015) Ekonomika ta informatsiia: Ekonomika informatsii ta informatsiina v ekonomitsi: entsyklopedychnyi slovnyk [Economics and Information: Economics of Information and Information in Economics: An Encyclopedic Dictionary]. Sumy: VTD «Universytetska knyha», 384 p. [in Ukrainian].  

5.                Derzhavna sluzhba statystyky Ukrayiny [Official site of the State Statistics Service of Ukraine]. Retrieved from http://www.ukrstat.gov.ua/ (data zvernennia: 20.02.2020)  [in Ukrainian].

6.                Pakhucha, E.V., Filimonov, Yu.L. and Leshchenko, L.O. (2019) Strukturni zminy zovnishnoi torhivli Ukrainy ahrarnoiu produktsiieiu [Structural changes in Ukraine's foreign trade in agricultural products]. Efektyvna ekonomika. Vol. 3. Retrieved from: http://www.economy.nayka.com.ua/?op=1&z=6962 (data zvernennia: 20.02.2020) [in Ukrainian].  

7.                Pitel, N.Ya. (2019) Problemy rozvytku eksportooriientovanoi diialnosti ahrarnoi sfery ekonomiky Ukrainy [Problems of the development of the export-oriented activity of the ukrainian agrarian economy] Agrosvit. Vol. 16. pp. 25–34 [in Ukrainian].  

8.                Proshchalykina, A.M. and Petrenko, T.S. (2018) Mistse Ukrainy na svitovomu rynku produktsii APK [Ukraine's place in the world market of agricultural products]. Agrosvit. Vol. 11. pp. 22–26 [in Ukrainian].  

9.                Syrotiuk, A.M. (2013) Osoblyvosti zdiisnennia zovnishnoekonomichnoi diialnosti v ahropromyslovomu kompleksi. Naukovi pratsi Poltavskoi derzhavnoi ahrarnoi akademii. Seriia: Ekonomichni nauky - Scientific works of Poltava State Agrarian Academy. Series: Economic Sciences. Vol. 1 (6). Part 2. pp. 279-283 [in Ukrainian].  

10.           Stavska, Yu.V. (2019) Upravlinnia konkurentospromozhnistiu pidpryiemstv - subiektiv zovnishnoekonomichnoi diialnosti. [Competitiveness management of enterprises - subjects of foreign economic activity] Stratehiia rozvytku Ukrainy: finansovo-ekonomichnyi ta humanitarnyi aspekty: materialy VI Mizhnarodnoi naukovo-praktychnoi konferentsii (Kyiv, 16/10/2019). Kyiv: «Informatsiino-analitychne ahentstvo». pp.  329-332 [in Ukrainian].  

11.           Stavska, Yu.V. and Hlukha, A.O. (2018) Perspektyvy rozvytku zovnishnoekonomichnoi diialnosti Ukrainy v umovakh Yevrointehratsii [Perspectives for the development of foreign economic activities of Ukraine in the conditions of European integration] Pryazovskyi economic herald. Vol. 5(10). pp. 59-64 [in Ukrainian].  

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13.           Khaietska, O.P. (2017) Suchasni tendentsii zovnishnoekonomichnoi diialnosti Ukrainy [Morden tendencies of foring economic activity of Ukraine] Ekonomika. Finansy. Pravo. – Eсonomics. Finanсes. Law. № 2/2.  79-83. [in Ukrainian].  

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-ChiefInna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).