Investment and Innovations Sector

1964–1969

Department of Capital Investment Efficiency

Head ­– PhD in

Agricultural Sciences,

K. A. Guleichik.

developed:

Norms for fixed and circulating assets for kolkhozes and sovkhozes in the BSSR;

Methodology for the distribution of capital investments among farms with different levels of production;

Proposals for increasing the efficiency of investments in rural construction;

Identification of reserves for improving the use of agricultural machinery and accelerating the payback of capital investments in livestock farming, and summarizing best practices in the use of drained peatlands.

1970–1981

Department (Sector) of Land and Assets

Head – PhD in

Economics, Ya. M. Blyankman

(since 1978 – Doctor of Economics)

developed and justified:

Recommendations for the structure and improved efficiency of fixed assets and capital investments for kolkhozes and sovkhozes in the republic;

A system of scientifically based norms for capital investments and production fixed assets by sectors of livestock and crop production and by major types of specialization;

Methodologies and methodological recommendations for the distribution of material and technical resources and capital investments;

Methodology and methodological recommendations for the interregional and inter-district distribution of capital investments;

Capital construction program in the farms of the Kobrin district;

Recommendations for the development of agricultural production based on specialization, concentration, and inter-farm cooperation in the Bykhov and Luninets districts;

Proposals for improving and strengthening the material and technical base of agriculture;

Methodological foundations for creating the subsystem «Management of Capital Investments and Capital Construction» of the agricultural management system, etc.

1981–1985

Sector of Efficiency of Fixed Production Assets and Capital Investments

developed and justified:

Methodology for justifying the normative costs of material resources, as well as a long-term forecast with proposals for reducing the material intensity of products based on the justification of factors that form its level and structure;

Norms for production fixed assets for agriculture per 1 hectare of sown area, 1 head of livestock and poultry, 1 ton, and 1 ruble of crop and livestock production;

Consolidated norm of specific capital investments for the increase in production in the «Agriculture» sector for the BSSR;

Methodology for planning capital investments and forming fixed assets for the non-productive sector of rural areas;

Targeted comprehensive program «Material Intensity» in a territorial context (by regions), etc.

1986–1990

Sector of Capital Investments and Material and Technical Resources

developed and justified:

Program for the reconstruction and re-equipment of enterprises and organizations of the State Agro-Industrial Committee of the BSSR using computers (applying a differentiated approach to justify the volumes of housing construction, considering labor resource availability);

Recommendations for increasing the efficiency of using fixed production assets in Agro-Industrial Complex system;

Methodology for analyzing the efficiency of using production fixed assets in agriculture and Agro-Industrial Complex;

Methodology for factor analysis of the efficiency of capital investments in Agro-Industrial Complex;

Comprehensive program for capital construction in kolkhozes and sovkhozes of the Berezovsky RAPO of the Brest region for the XIII five-year plan, etc.

1991–1994

Sector of Investment Policy

Head – PhD in

Economics, A. P. Shpak

(since 1999 – Doctor of Economics)

developed and justified:

Proposals for regulating investment activities in kolkhozes and sovkhozes;

Rational inter-sectoral resource structure in Agro-Industrial Complex by republic and regions;

Methodology for assessing the property of agricultural enterprises under market conditions;

Mechanism for strict resource and cost savings and mechanism for enhancing investment activities in Agro-Industrial Complex, material balance development of the industry;

Proposals for the formation and use of fixed assets in agrarian production structures considering differences in ownership and management;

Methodological guidelines for organizing and conducting the production activities of equipment rental points;

Rational sizes of main production and non-production assets of production-oriented farms, etc.

1995–2005

Sector of Investment and Capital Use

developed and justified:

Proposals for the efficient functioning of the market of production means and investments, stimulating investment activities;

Economic mechanism for regulating investment support in Agro-Industrial Complex, comprehensive stimulation of investments, and regulation of investment processes in Agro-Industrial Complex;

Directions for improving the economic mechanism of investment activities in Agro-Industrial Complex;

Proposals for increasing the efficiency of investments in the construction and reconstruction of livestock complexes and other production facilities in agriculture;

Proposals for implementing the most important investment priorities in agro-industrial production;

Methodology for evaluating the efficiency of investment projects in the agrarian sector;

Mechanism for stimulating investments in rural housing construction;

Recommendations for forming investment resources for updating the production and technical potential of agricultural enterprises;

Proposals (a set of measures) for improving the investment system in the production and social infrastructure of agriculture, etc.

2006–2010

Sector of Investment Efficiency

Head – PhD in

Economics, Yu. N. Selyukov

developed and justified:

Methodological approaches to evaluating the factors forming the cost of agricultural products under market conditions;

The most important mechanisms for attracting investments in Agro-Industrial Complex by developing its own production potential and investment orientation of borrowed and attracted funds;

Methodology for operational analysis of current costs in relation to the final results of economic activities;

Normative need for working capital and fixed production assets for the production of major types of agricultural products;

Recommended norms for material and cash costs for the production of major types of commercial crop products;

Normative levels of material and cash costs and cost for major types of commercial products (grain, potatoes, rapeseed, and milk) ensuring profitable production at the established productivity;

Directions for improving accounting methodology to bring its standards closer to global practice;

Methodological proposals for organizing managerial accounting in the agrarian sector of the national economy;

Methodological proposals for improving document flow and reporting in agriculture under market conditions, etc.

2011–2014

Sector of Investment and Innovations

developed and justified:

Volumes of necessary investments in the fixed capital of agricultural organizations, measures, and implementation algorithms for investment priorities in Agro-Industrial Complex;

A set of measures to improve the investment climate to attract domestic and foreign investments into agricultural production;

Methodological recommendations for forming investment resources of agricultural organizations to ensure innovative development (comprehensive modernization);

Prospective directions for forming, developing, and financing (including their calculated volumes) the reproduction of the material-technical base of the agricultural sector of the economy, taking into account the current level of MTB utilization;

Methodological scheme for effective regulation of investment activities in the agricultural sector of the republic;

Main directions for improving investment management in the agricultural sector of Belarus;

Algorithm for economic evaluation of investment projects with different implementation periods in agricultural organizations;

Methodology for comprehensive economic evaluation of alternative investment project options to make informed investment decisions based on a set of analyzed indicators (criteria), etc.

2014 – present

Sector of Investment and Innovations

Head – PhD in

Economics, V. V. Chabatul

developed and justified:

Economic mechanism for regulating investment activities in Agro-Industrial Complex;

Methodology for express evaluation of the efficiency of investment by agricultural organizations;

Methodological recommendations for stimulating the development of public-private partnerships in the investment sphere of the agricultural sector of the Republic of Belarus, considering global experience;

Methodological recommendations for forming an optimal structure of production assets of agricultural commodity producers based on their specialization, using global experience;

Proposals for improving the depreciation policy of agricultural commodity producers, as well as for using project financing mechanisms in agriculture;

Methodology for evaluating the investment attractiveness of agriculture by administrative districts of the Republic of Belarus;

Theoretical-methodological model of sustainable innovative development of Agro-Industrial Complex and its investment support;

Concept of investment support for sustainable functioning of Agro-Industrial Complex in conditions of innovative development;

Risk management mechanism for investment and innovation activities in Agro-Industrial Complex;

Model of functioning of the agricultural innovation infrastructure;

Methodology for evaluating the investment-innovation potential of the agro-industrial production;

Methodological proposals for improving investment and innovation activities and increasing its efficiency in Agro-Industrial Complex;

Theoretical-methodological justification for the use of modern forms and sources of investment support for innovative development in the Belarusian agricultural sector (venture investment, crowdfunding);

Conceptual scheme of investment-innovation functioning of the agro-food sector;

Proposals for intensifying investment and innovation activities in the agro-food sector;

Main directions for improving investment-innovation management in the system of project and target methods of organization and efficient functioning of Agro-Industrial Complex;

Main directions for accumulating fixed capital in the agricultural sector (in terms of microeconomic directions and macroeconomic measures) in the context of corresponding directions for increasing the efficiency of fixed capital utilization;

Main directions for intensifying investment activities in the agro-food sector in the context of import substitution, as well as corresponding tools;

Scientific proposals for identifying sources and methods of priority investment in innovative development of agro-industrial production, etc.