MODERNIZATIONAL IMPERATIVE OF THE DEVELOPMENT OF THE FOOD COMPLEX OF UKRAINE

The article focuses on the principles of efficient utilization of the Ukrainian food complex modernizational potential in the context of ensuring food security in the country and supporting economic growth in order to improve wellbeing of the people. Presented is the organizational-economic mechan...

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Bibliographic Details
Main Authors: Taras Pepa, Mykola Butko
Format: Article
Language:English
Published: Cahul State University ”B.P.Hasdeu” 2018-05-01
Series:Scientific Journal of Cahul "Bogdan Petriceicu Hasdeu" State University: Economic & Engineering Studies
Online Access:http://jees.usch.md/wp-content/uploads/2018/05/1-5.pdf
Description
Summary:The article focuses on the principles of efficient utilization of the Ukrainian food complex modernizational potential in the context of ensuring food security in the country and supporting economic growth in order to improve wellbeing of the people. Presented is the organizational-economic mechanism for modernizational development of the food complex with determination of key blocks to support innovative processes in the food complex. Based on analysis of statistical data and recent developmental trends in the food complex and economy in general suggested are key principles and main directions for improvement of the situation with food production and efficient utilization of existing potential in the sector. Innovation-investment and knowledge generation efforts are stressed as key in obtaining and sustaining economic growth throughout the food complex and entire economy.
ISSN:2587-313X
2587-3121