Modeling investment support programs for the development of the region's agrosphere

Keywords: modeling, agrosphere of the region, development, agriculture, investment strategy, investment

Abstract

The article explores the main components of the process of modeling investment support programs for the development of the region's agrosphere. The stages of formation of the investment strategy of development of agrosphere of the region are substantiated. Aspects of methodological support of the investment strategy for the development of the region's agrosphere are outlined. The mechanism of development and implementation of the investment strategy in the agrosphere of Odessa region and the specific features of the investment strategy of the agrosphere are offered.

Studies have shown that an important function of state regulation is the development of a strategy for socio-economic development of the region, which is the basis for improving the competitive advantages of the territory and economy of the region, as well as improving the standard and quality of life of the population. This is especially important for the development of the agrosphere and rural areas. In order to implement any plans and strategic decisions, it is necessary to have investment opportunities, where the study of investment support programs for the development of the agrosphere of the region requires a separate study. It has been established that investment strategy is one of the most important elements of the agrosphere and rural development strategies. The first stage assumes that the choice of a basic structural and appropriate investment strategy based on the results of the analysis of the socio-economic status and assessment of the prospects of development of the agricultural sector of the region. The second stage of the development of the investment strategy involves setting the main tasks, defining the content and principles of its formation.

It is substantiated that the investment strategy of development of agrarian sphere of Odessa region should take into account the following positions: strengthening of territorial, economic and social unity of the region; enhancing the innovation potential of the regional economy, developing education and science; accumulation and effective utilization of the region's potential. The process of formation of the investment strategy of the agrosphere of the region involves the following stages: determining the term of development of the investment strategy; substantiation of the choice of strategic investment goals; identification of sources of financing, directions and objects of investment; development of investment programs with clearly defined objects, amounts and terms of investment; assessment of the qualitative characteristics of the investment strategy of the agrosphere of the region; adjusting the strategy in response to changes in external and internal factors in the development of the agrosphere.

References

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Published
2019-09-30
How to Cite
Turlenko , N. (2019). Modeling investment support programs for the development of the region’s agrosphere. Bulletin of Sumy National Agrarian University. Economics and Management, (3(81), 117-122. https://doi.org/10.32845/bsnau.2019.3.21