EFFICIENCY OF ORGANIZATIONAL AND INSTITUTIONAL TRANSFORMATION CHANGES IN AGRICULTURE

Unlike most post-Soviet countries, in Belarus predominantly large-scale agricultural production is observed, so the process of organizational and institutional transformation changes in the agro-industrial complex is aimed not only at developing small forms of management, but also at improving arrangement and management of existing large enterprises. This peculiarity is in many respects unique from the point of view of world practice, therefore the analysis of achievements and problems of the organizational arrangement of domestic agro-industrial complex is of considerable interest both for Belarusian and foreign scientists. The main aim of institutional transformation changes of agro-industrial complex was to increase the efficiency of production based on gradual creation of economic mechanism for arrangement of a multi-structured economy, competition between organizations of different incorporation and management forms, equivalent exchange between the industry and agriculture, arrangement of market infrastructure and efficient state social policy regarding the rural population. The article presents the results of analysis of efficiency of structural transformation changes in agro-industrial complex, estimation of efficiency is given for various organizations forms functioning in agrarian business in the Republic of Belarus for the period of 2000-2016. Three modern directions of organizational and institutional transformations in agro-industrial complex are distinguished: business organization based on private ownership of property, including sale, lease of enterprises, unused or inefficiently used state property or its gratuitous alienation into private ownership for development of small and medium-sized businesses; implementation organizations association based on reorganization via join, merger of enterprises, trust management of property, sale of enterprises as property complexes to large integrated entities (holding companies, agricultural plants); transformation of state and non-state property into economic companies with priority state participation; conducting public (IPO) privatization of state block of shares of companies at the stock market. 

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