INVESTMENT MODELS FOR THE DEVELOPMENT OF AGRICULTURAL ENTERPRISES IN THE CONTEXT OF LIBERALIZATION

Issue № 4, 2026, article № 7, pages 67-78

Section: Investment and innovation in agriculture

Language: Russian

Original language title: ИНВЕСТИЦИОННЫЕ МОДЕЛИ РАЗВИТИЯ АГРОФОРМИРОВАНИЙ В УСЛОВИЯХ ЛИБЕРАЛИЗАЦИИ

Keywords: AGROFORMATIONS, GLOBAL INTEGRATION, INVESTMENT MODELS, INVESTMENT RESOURCES, CONCEPTUAL MODELING, LIBERALIZATION, ASSESSMENT, EFFICIENCY, MARKET MECHANISM, ECONOMY, AGRICULTURAL SECTOR

Abstract: The relevance of the research is due to the profound transformation of the agricultural sector in the context of liberalization and globalization, which highlights the task of finding adequate models of investment development. The problem lies in the lack of a comprehensive systematization of basic investment models in the modern economic literature as conceptual constructs describing the mechanisms of financing agricultural enterprises. The purpose of the article is to identify, systematize and conceptually model the basic trajectories of investment development in the context of economic liberalization. The methodological basis was formed by the methods of conceptual modeling, abstraction and idealization, which made it possible to synthesize generalized models as a system of cause-and-effect relationships. As a result of the research, it is proved that the variety of investment strategies can be reduced to a limited range of basic models. The model of a fully liberalized market is analyzed in detail, and its fundamental duality is revealed: on the one hand, powerful incentives for efficiency through competition, on the other hand, inherent systemic deficiencies leading to monopolization, underinvestment in long–term and social projects, and structural imbalances. A key analytical tool and a derived relative indicator have been developed to assess the feasibility of opening the agricultural sector to the global market with a threshold criterion. The main conclusion is that the historical model of "pure" market investment is internally unstable and is being transformed into models with mixed regulation, and its restoration in modern conditions is untenable.

Authors: Kachkova Olga Evgenievna, Kosolapova Marina Valentinovna, Krishtaleva Taisiya Ivanovna, Suglobova Sofia Alexandrovna