Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 1
Written by Aliona ȘARGO, Elena TIMOFTI
In economic science, economic growth represented a prime topic because by solving the problems in this area it was hoped to achieve the strengthening of the state and increase of its wealth and welfare. All this led to the establishment in the economic field, of an important segment of research, namely, the theory of economic growth that is required to develop rules for optimal use of limited resources, as well as means of achieving nation’s welfare. As in other sectors of the national economy, a series of indicators are present in agriculture that directs the economic growth of the sector, but that can not be monitored in order to ensure a stable economic growth. The state can control such factors as the volume of investments in agriculture, subsidies, customs duties on agricultural products and bank interest, while parameters of external agricultural markets and climatic natural conditions can neither be controlled nor directed by the authorities. But in spite of this, there are a number of important factors by which the state can contribute to the economic growth of the agricultural sector and the country as a whole.
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