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Elena Koval


National University of Life and Environmental Sciences of Ukraine, Nules, Ukraine


The main goal of this research is to determine the importance and prospects of bioeconomy development in agriculture of Ukraine for international economic integration. Actual reason for this research is military occupation of west regions and the macroeconomic instability. Available resources form supply potential for agrarian production, renewable energy, and sustainable development. However, unemployment of labour, land, and capital determine the inflationary gap, which could be closed in two main ways: The innovative economic growth in business and households’ sectors in accordance to bio-based principles and rational government state regulation with fiscal and monetary policies instruments. The external and internal effects of bioeconomy development in the agrarian resources system are determined in accordance to strengths, weaknesses, opportunities, and threats (SWOT)-analysis. European integration requires entrepreneurial initiative, environmental protection, social benefits in the satisfaction of individual needs of the population, modern principles of competition, such as mutual beneficial cooperation and new market creation for food security and human resources development.


biocluster, innovation, renewable energy, resources potential, resources, employment, spatial development

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