METHODICAL APPROACHES TO ASSESSING THE EFFICIENCY OF THE MANAGEMENT SYSTEM FOR ECONOMIC SECURITY OF THE AGRICULTURAL SECTOR

Abstract

The theoretical and methodological principles of the formation, functioning and assessment of the effectiveness of the system of management of economic security of the agricultural sector in the context of ensuring its sustainable development have been studied. It has been determined that the economic security of the agricultural sector is a systemic category that reflects the dynamic state of protection of important interests of the sector, and its management is a necessary condition for achieving the goals of economic, social and environmental aspects of sustainability. The essence of the concept of «system of management of economic security of the agricultural sector» has been clarified, which is interpreted as a cyclical set of interconnected management mechanisms that are implemented through a sequence of functions: monitoring, diagnostics, planning, regulation and control. It has been established that the effectiveness of the system depends on the synergistic interaction of management entities at the macro and micro levels and ensuring the sustainability of key functional modules of security, in particular food, financial, investment, innovation and resource (land). A critical analysis of the formation of prerequisites for ensuring the economic security of the agricultural sector was carried out, where special attention was paid to the need to strengthen the institutional base, which is the most vulnerable element, as well as to optimize the use of resources and the introduction of technological innovations. Considerable attention was paid to methodological approaches to quantitatively assessing the effectiveness of the economic security management system of the agricultural sector of the economy. Based on a critical analysis of the index method, the threshold value method and multifactor regression analysis, their advantages and disadvantages were identified. The need for integrative application of these methods and improvement of the assessment tools through an emphasis on the dynamics of indicators, taking into account regional specifics and the introduction of benchmarking was substantiated. The importance of the transition from reactive to proactive management was emphasized, which is achieved through the development of an integrated early warning system for threats. Practical recommendations were offered for state bodies and business entities to optimize management processes and strengthen the economic sustainability of the agricultural sector.