High-priority guidelines for raising efficiency, competitiveness and stability of agrarian sector development in the Republic of Belarus

Importance of agriculture as a central link of agro-industrial complex for ensuring the food security of the Republic of Belarus cannot be overestimated. However, low profitability of greater part of agricultural producers along with a complicated financial situation require development of ways to improve the efficiency, competitiveness and stability of the industry focusing on improving price, credit and tax policies for agricultural companies. It is also vital to intensify investment activities aimed at a wider use of innovations. When improving the management system, considerable attention should be paid to integrated formations. Due to implementation of quality management systems, it is possible to increase the quality and safety of agricultural products. The paper dwells on the main factors and conditions having effect on raising the efficiency and competitiveness of agricultural sector and stability of its development. Despite significant achievements and positive results in the AIC of Belarus, a number of engineering, economic and social problems remain. Solutions are proposed to solve some of them. In particular, attention is paid to further improvement of economic mechanism of management, the most important components of which are pricing, crediting, taxation and state support and investment for agriculture. All these, combined with proposals to improve the management system of the agrarian sector in conditions of ongoing transformational changes and along with solving problems in activities of integrated formations, as well as implementation of proposals to improve foreign economic activity in the agro-industrial sector, can ensure stable and efficient functioning of agrarian sector. The proposed priority trends can be used for improving the state agrarian policy measures.

efficiency, competitiveness, stability, development, agro-industrial complex, management, integrated formations, financing

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