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Development of financial instruments for stabilizing the cost of land resources

Author

Listed:
  • A. Sokhnych
  • M. Smoliarchuk

    (Lviv National Agrarian University)

  • S. Sokhnych

    (PJSC "Ukrtransnafta")

  • K. Cherednyk

    (Lviv National Agrarian University)

Abstract

The choice of currency in which land asset calculations will be carried out is substantiated. The necessity of forming a fundamentally new system of management of the country’s economy and, in particular, land resources based on blockade technology, which guarantees a significant reduction in the cost of iterations of sales and transparency of market pricing, is emphasized. The use of the updated management system will reduce the risk of bankruptcy and illegal manipulations in the process of transferring ownership of land resources. The necessity of evaluation of land resources in crypto-currency bitcoin is substantiated, which guarantees in the long run a significant increase of their value in the conditions of stagnation of national production.

Suggested Citation

  • A. Sokhnych & M. Smoliarchuk & S. Sokhnych & K. Cherednyk, 2017. "Development of financial instruments for stabilizing the cost of land resources," Balanced Nature Using, Institute of agroecology and environmental management, vol. 6(3), pages 92-97, September.
  • Handle: RePEc:bnu:journl:v:6:y:2017:i:3:p:92-97
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