Farm size and technology implementation: A comparison between Canada and Ukraine

Abstract

Many factors play a vital role in the development of agriculture, which include the technology of production, the size of farms in the country and the national policy (including trade policy) in relation to producers of these products. Therefore, the analysis of the above-mentioned factors in Ukraine stays relevant. The purpose of this study was to investigate the situation in the agricultural sector of both countries to form methods of further development of the sector in Ukraine based on the Canadian practices. The leading research method is analysis, thanks to which the agricultural sector was studied. In addition, the comparison method was used in the study of agriculture in Ukraine and Canada. Canada uses the latest methods of growing and tending produce, while in Ukraine there is still manual labour in some enterprises. It was proved that the main reason for this difference in development is the limited ability of Ukrainian companies to attract investment or use credit. The authors concluded that there are fundamental differences in agricultural development in Ukraine and Canada, the reasons for which are explained not only by different geographical, but also by institutional and historical conditions. Meanwhile, the level of agricultural development in Canada is much higher than in Ukraine, showing the need to borrow some principles of the sector. The main ones among them include active attraction of investments, emphasis on technology development, minimal state interference in the sector and others. A more detailed consideration of finding new opportunities to attract investment in the agricultural sector of Ukraine will remain relevant in the future. The article can be useful for studying the specific features of economic development of the agriculture in Canada and Ukraine; for formation of national policy in this sector; for entrepreneurs to make their investment decisions

Keywords

• ukrainian economy
• canadian economy
• agricultural products
• agricultural sector
• export