Actual problems of innovative economy

The journal is added to the the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from 11.07.2016 No. 820
The journal is indexed in the International Scientific Center of Index Copernicus International
The journal is included in the list of printed scientific professional publications of category «Б» in the field of eco-nomic sciences by the order of the Ministry of Education and Science of Ukraine dated 28.12.2019 № 1643

Investment mechanism for sustainable development of agricultural production

УДК 338.48


Danko Y.I.
ORCID ID: 0000-0001-6201-1555
Lagodiienko N.V.
ORCID ID: 0000-0001-6201-1555
Turlenko N.V.
ORCID ID: 0000-0001-6201-1555


Introduction. The lack of investment is one of the most essential problems, which slows down the progressive development of domestic agricultural production, reduces its competitiveness in the domestic and foreign markets, causes unjustifiably low share of the added value and raw materials of foreign trade in agri-food products. Finally, without sufficient investment, Ukrainian agricultural production is unable to enter the stage of sustainable development. However, the accumulation of destructive environmental and social factors, provided the use of traditional industrial technologies, may lead to catastrophic consequences in the field of agricultural production in the future.

The purpose of this article is to study the institutional mechanism for ensuring the sustainable development of agricultural production.

Results. Granting the status of free economic zones for agricultural production to depressed rural areas of Steppe and Polissya agroclimatic zones can create a positive investment motivation for both small and large organizational forms to invest in agricultural production in the area. State programs of food aid to the poor, as well as replenishment and renewal of state material food reserves, can stimulate investment demand in the agricultural sector of the economy. The development of transport infrastructure will help reduce the cost and reduce the time of transportation of agri-food products. This will help attract investment in agriculture and industrial processing, and increase household amenities, cultural and medical services, transport links to the nearest administrative center and other similar transformations, can create favorable conditions for reviving the demographic potential of rural areas.

Conclusions. Investment policy in the framework of public-private partnership is a powerful tool for restoring confidence in the state and the implementation of large-scale infrastructure projects. In the order of priority, in our opinion, in the first place is the revival and development of social infrastructure in rural areas as well as the provision of advisory, consultative, informational and other training services to villagers.

Key words: agricultural production, investments, investment mechanism, sustainable development, investment deficit, State Land Bank.


  1. Martyniuk О., Vitvitskaya O., Lagodiienko V., Krupitsa I. (2019). Formation of an innovative concept of management on the basis of reconstruction of genetic algorithm of management technology. Periodicals of Engineering and Natural Sciences. Vol.7.  2, pp. 487-499. DOI:
  2. Zakon Ukrayiny` «Pro sty`mulyuvannya rozvy`tku regioniv». Oficijny`j visny`k Ukrayiny`. [Law of Ukraine “On Stimulating the Development of Regions”]. (2005). Official Gazette of Ukraine.№ 40. P. 25.
  3. NAAN: Potreba sil`s`kogo gospodarstva v investy`ciyax – pry`najmni 75 mlrd. grn. na rik. [NAAS: Agriculture’s investment needs – at least UAH 75 billion. per year]. Scientific-methodical and coordination center for scientific problems of development of agro-industrial complex of Ukraine. Available at:
  4. Mudrak,P., Lagodiyenko, V.V., Lagodiyenko, N.V. (2018).«The impact of total costs on national production». Economic Journal – XXI.  №172 (7-8), pp. 44-50.
  5. Lagodiienko,V., Basyurkina, N.J., Turlenko, N.V. (2019). «Tools for investment support of regional structural transformations in agribusiness». Business Navigator. No. 6.1-2 (56), pp. 60-66.
  6. Rejderstvo zemel`ny`x dilyanok: pry`chy`ny` ta sposoby` podolannya [Raiding of land plots: reasons and ways to overcome]. Ministry of Justice of Ukraine. Available at:
  7. Osyka,G., Pyatnytsky, V.T. (2004). Svitova organizaciya torgivli. [World Trade Organization]. 2nd edition, revised and supplemented. “KIS”. Kyiv. Ukraine.
  8. Maastry`xts`ky`j dogovir. [Maastricht Treaty]. Available at:

The article was received 19.12.2019