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Agro-Industrial Complex in the Economic Policy on Belarus

Author

Listed:
  • Sviatlana Adashkevich

Abstract

Purpose: The study aims to verify two hypotheses: 1) in Belarus, the agri-food complex does not exist in the conceptual understanding of the economic complex, 2) the branches of the agri-food sector do not have a significant impact on the economic growth. Design/Methodology/Approach: The analysis of dynamics, structure, correlation, and regression were chosen as research methods. The initial data for the study were the materials of official statistics, state programs of socio-economic development. Findings: In Belarus, the agro-industrial complex (referred to as the AIC) is an object of state control and is positioned as a factor in the country's economic growth. The article clarifies the category "agro-industrial complex," shows the methods of policy in the AIC and the place of this complex in the structure of the Belarusian economy. The issue was identified, the AIC as a structural unit of the economy and an object of public administration does not have an unambiguous interpretation. Its boundaries are not delineated. It is shown that the state policy in the field of the AIC does not cover the economic complex as integrity, but only two independent types of economic activity - agriculture and food production. Based on the analysis of management methods in the AIC, it was concluded that in Belarus, the AIC as an economic complex of interrelated industries, as a structural unit of the economy does not exist, and the use of the term AIC and its positioning as a locomotive of the state economy is erroneous. It is shown that the agro-food sector does not significantly impact the economic growth of Belarus. Practical Implications: The research results can be used to adjust the state policy in the agri-food sector and substantiate the facts of economic growth. Originality/Value: The article attempts to argue the incorrect positioning of the AIC as the most important economic complex in the national economy of Belarus.

Suggested Citation

  • Sviatlana Adashkevich, 2021. "Agro-Industrial Complex in the Economic Policy on Belarus," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 800-810.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:special3:p:800-810
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    References listed on IDEAS

    as
    1. A. G. Aganbegyan, 2019. "On Immediate Actions to Reinvigorate Social and Economic Growth," Studies on Russian Economic Development, Springer, vol. 30(1), pages 1-9, January.
    2. Aleksandra Sus & Bartosz Sylwestrzak, 2021. "Evolution of the Labor Market and Competency Requirements in Industry 4.0 versus the Covid-19 Pandemic," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 494-506.
    3. Anna Jankowska, 2021. "Agricultural Trade Competitiveness of EU Candidate Countries and Eastern Partnership Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 316-334.
    4. Ummad Mazhar & Fahd Rehman, 2020. "Manufacturing as a Growth Escalator in Low and Middle Income Countries," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(4), pages 790-809, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic policy; agro-industrial complex; structure; management; analysis; problems; economic growth.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform

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