Serhienko V. Development and regulation of investment processes in the agricultural sector

The dissertation is devoted to research and generalization of theoretical and methodical bases, development of practical recommendations concerning development and regulation of investment processes in the agrarian sphere. In the dissertation the economic essence, necessity and value of investments, investment activity and investment processes are generalized, theoretical and methodical approaches to their management are systematized and conceptual bases of formation of the economic mechanism of regulation of investment processes in agrarian sphere are developed. The concept of economic mechanism of regulation of investment processes in the agrarian sphere is offered, which depends on the chosen purposes of development of branch and influence of factors of external and internal environment on investment of conditions of its developed potential, identification of the basic factors management. The analysis of investment processes in the agricultural sphere is carried out, the efficiency of the state regulatory policy in the branch is estimated and the methodical approaches to definition and comparative estimation of investment potential of the agrarian sphere are tested. It is established that the main directions of systemic intensification of investment processes in the agricultural sector are the improvement of their institutional prerequisites, which involves improving public investment policy, improving the investment climate, comprehensive state support for small and medium enterprises and innovation. In order to effectively manage investment processes in the agricultural sector, a step-by-step model for monitoring investment potential has been developed, the application of which allows to control its effective use, determine possible volumes and directions of investment resources. The formation of an effective organizational and economic mechanism for managing environmentally oriented investments in the agricultural sector will allow combining the levers of market and state regulation to balance the interests of participants in economic and investment processes and achieve targeted environmental and economic results with minimal resource costs. Attracting investments in environmentally oriented projects and programs should be based on strengthening the environmental aspects of investment policy as part of the stimulating subsystem of the economic mechanism of sustainable development of the agricultural sector. Environmental restrictions on economic activity should stimulate investment in the development of environmentally friendly business and require some institutional restructuring of legislation to promote its sustainable development.