The Raw-Materials Orientation of Ukrainian Economy as a Basic Determinant of the Exhausting Use of Natural Resources

Journal Title: Бізнес Інформ - Year 2016, Vol 8, Issue

Abstract

The interrelation between the low efficiency of market reforms in the Ukrainian economy during the early stages of reforms and the increased raw-materials orientation of the most sectors of the national economy has been disclosed both in terms of the socio-economic recovery and the conditions of recession. The article determines dependence between the level of capitalization of the big business entities and the relative cheapness of natural raw materials owing to the lack of modern mechanisms for rental management of special use of natural resources. The article substantiates prerequisites for growing extent of the exhausting use of natural resources as a result of the raw-materials orientation of domestic exports and the lack of current mechanisms for the equivalent redistribution of natural resource rents. The major trends of increasing the volumes of exports of agricultural products with low value added as well as imports of the animal husbandry products have been identified. The interrelation between the sectoral shifts in the agrarian sector and the possibilities of organic farming in the face of increasing the volumes of production of grains and oilseeds has been determined. Expedience of introducing additional tools of fiscal and environmental control of the activities of the large vertically integrated formations has been substantiated in order to create favorable prerequisites for the development of traditional forms of agricultural entrepreneurship and limiting the extent of exhausting use of natural resources.

Authors and Affiliations

Vasyl Golyan

Keywords

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  • EP ID EP159620
  • DOI -
  • Views 72
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How To Cite

Vasyl Golyan (2016). The Raw-Materials Orientation of Ukrainian Economy as a Basic Determinant of the Exhausting Use of Natural Resources. Бізнес Інформ, 8(), 104-111. https://europub.co.uk/articles/-A-159620