Article

Received 19.04.2024

Revised 03.07.2024

Accepted 27.08.2024

Retrieved from Volume 28, No. 3, 2024

Pages 78 -86

Borko, T., & Jammal, M. (2024). Role of agriculture in the development of Ukrainian socio-economic potential. Ukrainian Black Sea Region Agrarian Science, 28(3), 78-86. https://doi.org/10.56407/bs.agrarian/3.2024.78

Role of agriculture in the development of Ukrainian socio-economic potential

Tetiana Borko Mohammad Jammal

The agricultural sector is key to the development of the Ukrainian economy, especially in times of war, as it helps to maintain the standard of living of its citizens. In this regard, the interaction between the sector and society is relevant to the study. The study aimed to assess the relationship between certain metrics of living standards and agricultural output. The study addressed the role of the agricultural sector in Ukraine and its origins. In addition, a detailed analysis was carried out in the context of existing problems separately for livestock and crop production. The study further substantiated the connection between the agricultural sector and the social well-being of the rural population of Ukraine due to the sector’s ability to create a significant number of jobs. Using correlation and regression analysis, the study concluded that agricultural output does indeed affect the standard of living of the local population, particularly the gross domestic product per capita. The results show that an increase in agricultural production directly contributes to economic growth, reinforcing the importance of this sector in Ukrainian long-term development strategy. The study also showed what the long-term development of the agricultural sector in Ukraine should be in the long term, and what actions should be taken to achieve these goals, by the state. The findings of the study can be used to formulate state policy in the agricultural sector in the context of the impact on the social component of the country

international trade; crop production; animal husbandry; infrastructure; finance

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