The Importance and Role of Cooperation in The Development of the Agricultural Market

Abstract:

In the modern world, the process of the cooperative movement development, particularly in the agricultural sector, allows to increase the level of production and processing of agricultural products, as well as to earn greater profits for cooperative associations and farms. In developed countries there is a tendency of reducing the total number of farms by liquidating small ones while increasing large cooperative associations and enhancing their economic effectiveness. In view of the above, a comprehensive study of theoretical and practical aspects of agricultural cooperatives’ development in the agrarian sector of the economy in the current economic conditions, as well as determining the directions of improving the efficiency of their activities is a genuine pressing problem, which has led to the choice of research topics. The aim of the article is to investigate the processes of cooperative activity in the field of agriculture and to determine its impact on the development of the agricultural sector of the economy. The role and importance of agricultural cooperatives in the development of the economy’s agricultural sector is investigated in the article. The world, European and Ukrainian experience of using cooperative movement in the field of agriculture is analyzed.