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THE AGRICULTURAL SECTOR OF UKRAINE DURING A FULL-SCALE WAR

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.2, No. 73)

Publication Date:

Authors : ; ;

Page : 58-64

Keywords : Ukraine; Agricultural production; Agrarian sector; War; Markets; Infrastructure; Economy; Economic consequences; Consequences of war; Farming;

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Abstract

The agricultural sector is one of the most important branches of Ukraine's economy, which provides a significant part of the country's gross domestic product and is a key element in ensuring the nation's food security. It also provides the production of raw materials for industry and energy, which helps ensure the country's economic stability. However, with the start of a full-scale war in 2022, the agricultural sector became one of the most affected sectors of the Ukrainian economy. The purpose of the study is to study the impact of the war on the agricultural sector of Ukraine, in particular on the production and export of agricultural products, the state of the industry and the prospects for its development in the conditions of the war. The consequences of the war on the agricultural sector, in particular, a decrease in production and exports, an increase in production costs, a decrease in the availability of credit, and other negative effects were studied. The article carries out a SWOT analysis of the agricultural sector in the conditions of war, identifies the main problems and prospects for the development of the industry. In particular, positive dynamics in the development of certain categories of agricultural products in 2022 were revealed, but the general state of the industry remains at risk due to the negative consequences of the war. The results of the study can be useful for specialists in the agricultural sector, government bodies, as well as for everyone who is interested in the development of the Ukrainian economy in wartime conditions. In addition to the analysis of the negative consequences of the war on the agricultural sector, the article examines the impact of the war on the socio-economic indicators of Ukraine in general, in particular on inflation, on the world and regional markets of agricultural products and how it affects Ukraine's export opportunities. Since the agricultural sector is one of the most important sectors of the Ukrainian economy, understanding the impact of the war on this sector will allow us to draw conclusions about the general impact of the war on the economy of Ukraine and the appropriateness of production and social mechanisms under the influence of the conflict. The article also draws attention to the role of state policy in supporting the agricultural sector in wartime conditions. The study notes the need for the effective use of state support tools, such as subsidies, lending, investment incentives, etc., to preserve and increase the production of agricultural products.

Last modified: 2023-07-20 22:45:42