Problemi Ekonomiki (Mar 2018)
Summarizing the Main Directions of Economic Growth and Development of Agriculture in Countries with Market Economy
Abstract
The aim of the article is to determine the main directions of economic growth and development of agriculture in general. The economic development of the agricultural sector in countries with market economy, namely in the US and EU countries, is analyzed. Based on the analysis of works of a number of academic economists, the advantages of large agricultural enterprises over small ones are identified and summarized. As a result of the research, it is revealed that the most significant factors that influence the economic development of agricultural enterprises are their size and forms of ownership and management. At the same time, it is proved that only an increase in the scale of production does not ensure an increase in the economic effect. The increase in the scale of production should be accompanied by improvement of production technologies and perfection of the forms of intraeconomic organization of labor, as well as specialization and cooperation. Summing up all the issues of the economic priority of large agrarian enterprises discussed above, we can formulate the following conclusions. The provision on the operation of such economic laws as “identity of property and labor”, as well as “the law of the advantage of large enterprises” is scientifically justified. Having studied the main directions of economic growth in countries with market economy, it is proved that cooperation is the most effective type of management. This should be a priority and promising vector for our country.
