Фінансово-кредитна діяльність: проблеми теорії та практики (Sep 2019)
ASYMMETRY OF THE DEVELOPMENT OF THE WORLD AGRICULTURAL MARKET
Abstract
It was determined that urgent in the 21st century the problem of food security remains quite due to the dynamic of global and trade-integration processes, causing contradictions and asymmetries of economic development. These processes are rather ambiguous because they exert varying effects on countries, depending on the level of their economic development. Such imbalances have led to asymmetries in the development of the World market for agricultural products. It was noted that asymmetries in the agrarian market are a clear manifestation of imbalances in the World economy, which have arisen due to differences in the levels of economic development and the potential of individual regions and countries. The purpose of the work was to reveal the key characteristics and manifestations of the asymmetric development of the World market for agro-food products and to justify the mechanisms for achieving equilibrium. The purpose of the scientific research is to substantiate the impact of asymmetries on the World economic system, to determine their role in the development of the World agro-food market, their characteristics, to study the structure of the global market. The following methods of scientific research were used to achieve the goal and to solve the tasks of the article: system-structural analysis of economic processes and phenomena, method of quantitative and qualitative comparisons, tabular method of calculating the degree of influence. A review of the scientific literature was also conducted; the statistical reports and programs of development of global international institutions were analyzed; approaches to leveling the negative impact of asymmetries in the development of the agrarian market were determined. The scientific novelty of the obtained results is to study the World agro-food system, to identify and to structure the main asymmetries of development, the determinants of their deepening, to substantiate the directions of their overcoming. It is substantiated that among the main mechanisms of overcoming the asymmetric development of agro-food market the most effective one is the activity of international organizations, mainly concentrating on the development and implementation of local and global projects and programs. In order to overcome the threats and risks arising from the asymmetric development of the agri-food markets, it is advisable to create international initiatives to support the agricultural sectors and agricultural enterprises of various organizational and legal forms. An effective mechanism to counterbalance the negative impact of asymmetries is to reduce the inequalities in the economic development of individual regions and countries through the implementation of development programs.
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