INVESTMENT IMPROVEMENT EFFORTS IN THE AGRICULTURAL SECTOR

Fafurida FAFURIDA

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

fafurida@mail.unnes.ac.id

Avi Budi SETIAWAN

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

avibs@mail.unnes.ac.id

Shanty OKTAVILIA

Faculty of Economics, Universitas Negeri Semarang, Sekaran Gunungpati, Semarang City, Indonesia

oktavilia@mail.unnes.ac.id

Abstract

The agricultural sector in Central Java has great potential and contributes to the third largest GRDP. It can absorb the largest labor force. This sector also has a large impact on other economic sectors. However, investment in the agricultural sector is very small each year. This study aimed to determine the factors that caused low investment in the agricultural sector in Central Java Province, and formulated priority programs in increasing investment in the agricultural sector in Central Java Province. It used quantitative approach with primary and secondary data. The analyses used were regression using the Ordinary Least Square (OLS) and Analytic Hierarchy Process (AHP) estimation methods. The findings of this study indicated that the factors that influenced the low investment in the agricultural sector in Central Java was Gross Regional Domestic Product (GRDP). Labor was the main criterion in increasing investment in the agricultural sector in Central Java Province. The next criteria were the criteria for the availability of land for agriculture, GRDP criteria, and the criteria for credit interest rates. Factors that hinder the strategy of increasing investment in the agricultural sector were infrastructure, low quality of human resources in the agricultural sector, and lack of access to capital. The solutions that can be done are by reducing the conversion of agricultural land, improving the quality of labor in the agricultural sector, and providing easy access to banking capital for farmers.

Keywords: Investment, Agriculture, Strategy, Central Java, Analytic Hierarchy Process.
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STRATEGIES OF SMALL ENTERPRISES DEVELOPMENT IN AFRICAN COUNTRIES

Yakubova, Tatyana NIKOLAEVNA

Associate Professor, Department of Management, Faculty of Economics, Peoples’ Friendship University of Russia (RUDN University), 6, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

yakubova_tn@rudn.university

Sagaffe Boy MOUSTOIFA

PhD student, Department of Management, Faculty of Economics, Peoples’ Friendship University of Russia (RUDN University), 13, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Sagaffe15@gmail.com

Abstract

The article describes the basic concepts and classification icons/symbols of small enterprises. Small enterprises are defined by the author as irreplaceable drivers of economic development, which are a source of economic growth and a tool for resources redistribution. This study analyzes the current strategies of small enterprises development in African countries such as Morocco, SAR and Tunisia, which made it possible to formulate conclusions and recommendations.

Keywords: African country, SMEs, entrepreneurship, small enterprises development strategies, competitiveness.
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ON THE ISSUE OF EFFECTIVE ECONOMIC POLICY IN REGION UNDER LEASING

Daniya A. PLESHANOVA

Postgraduate student of department of economic theory. Volga State University of Technology,  Russia, Yoshkar-Ola

fup@volgatech.net

Tatiana V. YALYALIEVA

Candidate of Economic Sciences, e Professor of the Department of Management and Law, Volga State University of Technology, Russia, Yoshkar-Ola

yal05@mail.ru

Abstract

In the case of Mari El Republic the issues of creating an effective leasing policy in the region are revealed.  The economic indicators are identified and can indirectly determine the effectiveness of leasing and its impact on regional economic development.  Under certain indicators in financial statements of AO “Rosagroleasing” lessees it was conducted an analysis of companies, successfully acquiring property in leasing and the enterprises without effective dispose of leasing property.  For the identification of shortcomings, it was proposed to conduct a series of the activities that could improve leasing business in region and the influence on growth of the economic potential in Mari El Republic.

Keywords: Leasing, investment, regional development, investment policy and leasing in the agriculture

JEL classification: R11, O1, O2, H83
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