REFORMATION OF THE LAND MARKET IN UKRAINE: FINANCIAL AND ECONOMIC, SOCIAL AND POLITICAL ASPECTS
Abstract
Honak I.M. REFORMATION OF THE LAND MARKET IN UKRAINE: FINANCIAL AND ECONOMIC, SOCIAL AND POLITICAL ASPECTS
Purpose. The aim of the article is to research the theoretical and practical aspects of the current state and prospects of development and regulation of the agricultural land market in Ukraine.
Methodology of research. The methodological basis of the study is the dialectical method of scientific knowledge. General scientific and special methods are used in the course of the research, namely deductive, abstract and logical – in the study of problems of the agricultural land market in Ukraine, in assessing the current state of its functioning.
Findings. The importance of the Ukrainian land as the main national wealth of the Ukrainian people is proved. Aspects of functioning of the land market in Ukraine at the present stage are described. The risks of launching the land market in times of war and imperfect legislation are considered. The expediency of sale of land to legal entities and concentration of one natural person not more than 200 hectares is substantiated; if business needs more than 200 hectares of land, then it is worth creating cooperatives and more citizens or families will be able to make a profit from joint business.
A special mechanism for taxation of agricultural land sales is proposed. The expediency of free sale of land in Ukraine till 2025 is proved. It is substantiated that a tax equivalent to at least five thousand euros per hectare will provide significant revenue to the budget, prevent large-scale speculation in the land market, ensure high value of land and make it possible to use it as the expensive collateral for the purchase of agricultural machinery.
Originality. It is established that the free sale of agricultural land in Ukraine to legal entities and individuals is ineffective, and it is advisable to sell only to the state and local communities. It is proved that the increase in the value of agricultural land in Ukraine and the reduction of possible speculation on the land market will be positively influenced by the taxation of land sales operations.
Practical value. The obtained results of the study, which are expressed in the conclusions and proposals, contribute to solving problems of ensuring the effective functioning of the agricultural land market in Ukraine.
Key words: land; land market; land price; agricultural land; taxation.Keywords
References
“The cost of land in Europe and Ukraine ranges from the smallest to the largest in 1 ha”, AgroRolit.com, available at: https://agropolit.com/spetsproekty/615-vartist-zemli-v-yevropi-ta-ukrayini--vid-naymenshoyi-do-naybilshoyi-za-1-ga (access date September 20, 2019).
You know that ... Kremenchug reservoir is the largest in Ukraine. Cherkasy, official portal of city council, January 26, 2015, available at: http://www.rada.cherkassy.ua/ ua/newsread.php?view=4612&s=1&s1=18 (access date September 20, 2019).
Honak, I. (2019), “Some financial, economic and legal aspects of land market formation in Ukraine”, Vektory rozvytku nauky i biznesu v hlobalnomu seredovyshchi: trendy ta perspektyvy: materialy Natsionalnoi naukovo-praktychnoi konferentsii [Vectors of Science and Business Development in the Global Environment: Trends and Perspectives: Proceedings of the National Science and Practice Conference], FOP Osadtsa Yu. V., Ternopil, Ukraine, pp. 59-61.
Honak, I.M. (2017), “Managed chaos" technologies in the monetary and financial market”, Innovatsiina ekonomika, no. 11-12 [72], pp. 236-240.
Cook the Ark. Which Ukrainian cities are drowned by global warming. NV TECHNO, January 16, 2019, available at: https://nv.ua/ukr/techno/popscience/gotuyte-kovcheg-yaki-ukrajinski-mista-potonut-cherez-globalne-poteplinnya-50001849.html (access date December 10, 2019).
Dienkov, D. (2019), “Zelensky Land Market. What will he be like”, Ekonomichna pravda, 20.09.2019, available at: https://www.epravda.com.ua/publications/2019/09/20/651811/ (access date December 10, 2019).
“The Cabinet approved a bill on the land market”, Ekonomichna pravda, 25.09.2019, available at: https://www.epravda.com.ua/news/2019/09/25/651973/ (access date December 10, 2019).
“The Kiev Sea was recognized as the most dangerous object on Earth”, TSN, 01.12.2019, available at: https://tsn.ua/ukrayina/kiyivske-more-viznali-naybilsh-nebezpechnim-ob-yektom-na-zemli.html (access date December 04, 2019).
The Verkhovna Rada of Ukraine (1996), The Law of Ukraine “Constitution of Ukraine” of 28.06.1996, no. 254k/96-BP, available at: http://zakon5.rada.gov.ua (access date September 20, 2019).
Kushniruk, B. (2017), “On the moratorium on the sale of land - a whole parade of manipulations and conjectures”, Ukrinform, 22.06.2017, available at: https://www.ukrinform.ua/rubric-economy/2251168-po-moratoriu-na-prodaz-zemli-cilij-parad-manipulacij-i-domisliv.html (access date September 20, 2019).
Masliak, P.O. (1996), Heohrafiia Ukrainy [Geography of Ukraine], Zodiak-EKO, Kyiv, Ukraine, 432 p.
“The population of Israel. The Embassy of Israel in Ukraine”, available at: https://embassies.gov.il/kiev/AboutIsrael/People/Pages/Peop (access date November 12, 2019).
Nelep, V.M. (2004), Planuvannia na ahrarnomu pidpryiemstvi [Planning at agrarian enterprise], KNEU, Kyiv, Ukraine, 495 p.
Novykov, K. (2011), “Slaves of Enlightened Europe. The remnants of feudalism have traditionally said goodbye to the cannon thunder”, Zakon i Biznes, 12.03 – 18.03.2011, available at: https://zib.com.ua/ua/print/1726-rabi_osvichenoi_vropi.html (access date September 20, 2019).
Official site of the Ministry of Agrarian Policy and Food of Ukraine, available at: http://minagro.gov.ua. (access date August 21, 2019).
Official site of the Ukrainian Agrarian Conference, available at: http://agroconf.org/content. (access date August 21, 2019).
Pobochenko, L.M. (2015), “The place of Ukraine in the world food market”, Stratehiia rozvytku Ukrainy (ekonomika, sotsiolohiia, pravo), no. 2, pp. 98-105.
Poniatyshyn, N. (2015), “Oleshkivsky Sands is a natural wonder of Ukraine and the largest desert of Europe”, V sviti, available at: http://vsviti.com.ua/nature/24854 (access date September 20, 2019).
The Verkhovna Rada of Ukraine (2019), Draft Law of Ukraine “On Amendments to Some Legislative Acts of Ukraine on the Circulation of Agricultural Lands”of 10.10.2019 no. 2178-10, available at: https://w1.c1.rada.gov.ua/pls/zweb2/webproc4_1?pf3511=67059 (access date October 17, 2019).
The Ternopil Regional Council (2019), Decision of the Ternopil Regional Council “On the appeal of the deputies of the Ternopil Regional Council to the President of Ukraine, the Verkhovna Rada of Ukraine, the Cabinet of Ministers of Ukraine on the extension of the moratorium on sale of agricultural land until 2025” of September 17, 2019, no. 423, available at: https://monastyryska-rayrada.gov.ua/news/14-10-07-18-10-2019/ (access date September 23, 2019).
Sokolov, M. (2019), “What is wrong with the land market bill”, LIHA. Biznes, 23.09.2019, available at: http://uacouncil.org/uk/post/so-ne-tak-iz-zakonoproektom-pro-rinok-zemli (access date September 30, 2019).
Shablii, O.I. (2000), Sotsialno-ekonomichna heohrafiia Ukrainy [Socio-Economic Geography of Ukraine], Svit, Lviv, Ukraine, 680 p.
“Food and Agriculture Organization”, available at: http://www.fao.org/home/en/ (access date September 20, 2019).
DOI: https://doi.org/10.37332/2309-1533.2020.1-2.8
Refbacks
- There are currently no refbacks.
INNOVATIVE ECONOMY 2006 - 2024