Three Seas Economic Journal (Feb 2022)
UKRAINE'S AGRICULTURAL SECTOR IN ENSURING GLOBAL FOOD SECURITY
Abstract
The article defines the role and place of the agrarian sector of Ukraine in ensuring not only national food security, but also global. The subject of the research is a set of practical aspects of the development of the agrarian sector of Ukraine in conditions of globalization and aggravation of problems of food security, which requires further growth of agricultural production potential and integration of Ukrainian agro-industrial complex into the world food system. The methodological basis of the study were the main provisions of economic theory and practice of development of the agrarian sector of the economy. The following methods and techniques were used to achieve the goal set in the article: abstract-logical, monographic, analysis and synthesis; methods of comparison, generalization. The article assesses the export potential of the agricultural sector of Ukraine in recent years (for 2019-2020), analyzes the development indicators (for 2016-2020) and the challenges of agriculture. The results of the study show that Ukraine is one of the leading agricultural countries in the ranking of world exporters and in recent years continues to show high performance, which requires effective measures from the state to support the priority sector of agriculture. The practical value of the study lies in the proposals to stimulate the development of the agrarian sector of Ukraine. It is concluded that the position of the agrarian sector of the economy of Ukraine in the future and increase its export potential to address the issues of national and global food security depends on the level of long-term investment, growth of lending and real state financial support of agricultural producers.
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