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Trends and management
Reference:
Kasatkina, A.A.
Foreign capital and the problems of using
labor resources of agricultural economy in the
Western African states.
// Trends and management.
2013. № 4.
P. 73-82.
URL: https://en.nbpublish.com/library_read_article.php?id=63762
Kasatkina, A.A. Foreign capital and the problems of using
labor resources of agricultural economy in the
Western African states.
Abstract:
The character of the production relations
in the agricultural sphere in the Western African states, involving foreign and national private
capital, as well as the state sector, is such, that
they mostly function in the sphere of sales (buying
and selling, supply and credit organizations). That
is why the author pays special attention to the
analysis of the secondary production relations,
which in his opinion lessen the demand for the
agricultural workforce. The author analyzes
special directions of the agricultural evolutions
due to the involvement of the foreign capital
(green revolution), as well as the ways in which
agricultural settlements (farmer settlements,
multi-purpose co-operative societies), large
mechanized farms, goods turnover co-operatives
lower the amount of work needed in the agricultural
sector. The author considers that the regulation
of the activities of transnational corporations in
the modern conditions is implemented by the
supranational international political institutions,
while the influence of the sovereign states upon
the social and economic processes in the society
is lessening. The author states that the long-term
foreign economic state policy should become
a crucial element of the national sustenance
development strategy. The author also states that
today the economic exchange cannot be brought
apart from the sector distribution of production
capabilities, structure of consumer system and
the priority to the production of material goods,
and it also is closely related to irrational use of
human and natural resources. That is why in
the opinion of the author while the agricultural
economies of the Western African states remain
at the early stage of capitalism development
(turnover capitalism) the trade exchange between
the industrial states and African states shall be a
defining factor in the existence of unemployment
and underemployment of the labor resources in
the sphere of agriculture.
Keywords:
foreign capital, the United Nations O rga n i z at ion, t he I nt e r n at ion al L ab or Organization, United Nations Conference on Trade and Development, direct investments, transnational corporations, employable population, underemployment, green revolution, Western African states.
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