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Article
Bioeconomy in the Agrarian Resources Potential System of Ukraine
Author(s)
Elena Koval
Full-Text PDF XML 1810 Views
DOI:10.17265/1537-1506/2018.06.005
Affiliation(s)
National University of Life and Environmental Sciences of Ukraine, Nules, Ukraine
ABSTRACT
The
main goal of this research is to determine the importance and prospects of
bioeconomy development in agriculture of Ukraine for international economic
integration. Actual reason for this research is military occupation of west
regions and the macroeconomic instability. Available resources form supply
potential for agrarian production, renewable energy, and sustainable development. However, unemployment of labour, land, and capital determine the inflationary gap, which
could be closed in two main ways: The innovative economic growth in business and households’ sectors in
accordance to bio-based principles and rational government state regulation with fiscal and
monetary policies instruments. The external and internal effects of bioeconomy
development in the agrarian resources system are determined in accordance to strengths, weaknesses, opportunities, and threats (SWOT)-analysis. European integration requires
entrepreneurial initiative, environmental protection, social benefits in the
satisfaction of individual needs of the population, modern principles of
competition, such as mutual beneficial cooperation and new market
creation for food security and human resources development.
KEYWORDS
biocluster, innovation, renewable energy, resources potential, resources, employment, spatial development
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