INTERNATIONAL FINANCIAL SUPPORT FOR AGRIBUSINESS ENTERPRISES
Journal Title: Зовнішня торгівля: економіка, фінанси, право - Year 2018, Vol 1, Issue 96
Abstract
Background. The external environment affects the economic activity of processing enterprises through factors, including the international factor. Cooperation of Ukraine with international financial organizations was actual and remains the same today, because before the domestic business entities the issue of finding resources and obtaining support in the foreign market becomes more and more relevant. The aim of the article is to determine the role, prospects and impact of cooperation between international financial institutions and Ukraine on domestic processing enterprises, to summarize the results of Ukraine's cooperation with international organizations in the current political and economic situation in Ukraine. Materials and methods. The methodological basis of the article is the synthesis of research results of domestic and foreign scholars on the economic results of international cooperation, the study of relevant international assistance projects that influenced the development of both an individual region and the whole Ukraine. The research was conducted using the methods of theoretical generalization, comparative analysis, deduction. Results. Projects of international cooperation have a positive impact on the development of processing enterprises and become a key aspect of the development of a separate region and the state as a whole, since attracting additional investments stimulates the development of expanded production, the profitability of enterprises in the processing industry, and the stabilization of the national economy. Conclusion. Cooperation with international financial institutions is important for reforming the Ukrainian economy, improving macro-financial indicators, forming a competitive market environment, cost-effective production of processing enterprises, and stabilizing the national currency. At the same time, it should be noted that international cooperation should not be based on the economic dependence of Ukraine on its international partners, the increase of public debt and the threat of its sovereignty. International cooperation should be considered as an effective tool for stabilizing the Ukrainian economy and a positive example of the development of expanded production of processing enterprises in developed countries.
Authors and Affiliations
Mykola KOVALENKO, Nadiya ONIKIYENKO
Keywords
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