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Technical and Economic Security as a Part of Sustainable Development of Agricultural Enterprises of Ukraine

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  • Perkhach, Oksana

Abstract

Issues of economic security both regarding country and enterprise level are very acute under conditions of globalisation. Ukraine has a high agricultural potential: fertile land, suitable climate, favourable geographical location and others. However, there are factors that hinder the development of agriculture in this country. These include threats of technical and economic security. As a result of agrarian reform in Ukraine, the property of former collective farms passed into the ownership of private businesses. Technical equipment and other means of production were not modernised or repaired because of financial problems in many agricultural enterprises. As a result, farmers lost significant crop yields, which was reflected in low profitability of financial and economic activity. Market development of agrarian sector requires new approaches to technical support of agricultural enterprises. Modern agricultural producers need physical capital that provides high productivity, energy frugality and usability. The main purpose of this study is to explore the current status of technical and economic security of agricultural enterprises in Ukraine and to recommend ways of its improvement.

Suggested Citation

  • Perkhach, Oksana, 2016. "Technical and Economic Security as a Part of Sustainable Development of Agricultural Enterprises of Ukraine," Rural Areas and Development, European Rural Development Network (ERDN), vol. 13, pages 1-10.
    • Handle: RePEc:ags:erdnra:276098
    DOI: 10.22004/ag.econ.276098
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    References listed on IDEAS

    as
    1. Krupin, Vitaliy, 2014. "Ukrainian rural areas: a hidden development potential or a potential burden for Europe," Rural Areas and Development, European Rural Development Network (ERDN), vol. 11.
    2. Kleban, Oksana, 2010. "Problems of effective use of physical capital in agricultural enterprises of Ukraine," Rural Areas and Development, European Rural Development Network (ERDN), vol. 7, pages 1-6.
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