Agrocoin Whitepaper

The global food crisis of 2007– 2008 was characterized by a sharp increase in demand and, consequently, in world food prices. Demand did not find a corresponding increase in supply due to insufficient productivity of world agriculture. This was a consequence of low investment in agricultural production over the previous three decades. The crisis prompted investors to increase the volume of investments in the development of the agrarian sector of the economy throughout the world. After that, there was a trend of growth for foreign direct investment (FDI) in agriculture industry of the developing countries, primarily with significant land and other natural resources. Of course, the investment flow alone was not enough.

In modern conditions, the continuous and progressive development of the agroindustrial complex depends on the professionalism of managers and the availability of skilled workers. Consequently, the problem of forming professional personnel for the agro-industrial domain is one of the most important aspects.

This requires a deep study of the specifics, identification of appropriate professional training and necessary knowledge and skills of personnel. Due to numerous legal and economic difficulties, very few manufacturers enter the international market and the lack of necessary competition allows them to adjust easily to the prices of their goods. In this regard, other manufacturers have to compete only in domestic markets and repack them.

This significantly reduces the cost of farmers efforts and inevitably leads to a decrease in the prestige of the labor sector. Of course, this cannot contribute to the influx of all the necessary specialists in the sector, since the majority of workers do not see prospects for themselves and retrain for related areas. In the modern agro-industrial sector, there is a need to increase the prestige of cluster members, increase its attractiveness for beginners and experienced specialists, streamline international and domestic trade, which will imply a transparent and adequate evaluation of goods thus solving logistics problems and creating and strengthening long-term bilateral agreements.

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Agrocoin Whitepaper

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