Ensuring financial security in agriculture has emerged as a top priority for nations facing both internal and external shocks in an era marked by increasing geopolitical tension and economic uncertainty. This study examines the financial security of the agricultural sector in Georgia, Ukraine and the Baltic states in the context of economic conflict and regional instability. These countries are subject to varying levels of trade disruption, currency fluctuation, volatility in foreign investment and security threats, all of which directly affect the sustainability and resilience of agriculture. The primary objective of this paper is to assess the capacity of these states to protect their agricultural sectors from financial shocks and identify structural weaknesses and policy gaps. This study utilizes a mixed methods approach, including comparative PESTEL analysis, evaluation of financial indicators such as credit availability, agricultural insurance coverage and fiscal support programs. Data from the years 2010–2023 were analyzed to reveal trends and structural differences in these countries. The results show that while the Baltic States benefit from strong EU integration and support mechanisms, Georgia and Ukraine face greater financial vulnerabilities due to ongoing or recent conflicts, institutional fragility, and limited access to international financial buffers. The paper concludes with policy recommendations for improving agricultural financial security through risk management tools, enhanced regional cooperation, and the adoption of sustainable financing strategies tailored to each country's needs.

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Financial Security in the Agriculture Sector Amid Political and Economic Uncertainty

  • Yulia Bilyak,
  • George Abuselidze,
  • Dmytro Summary,
  • Sergey Gromov

摘要

Ensuring financial security in agriculture has emerged as a top priority for nations facing both internal and external shocks in an era marked by increasing geopolitical tension and economic uncertainty. This study examines the financial security of the agricultural sector in Georgia, Ukraine and the Baltic states in the context of economic conflict and regional instability. These countries are subject to varying levels of trade disruption, currency fluctuation, volatility in foreign investment and security threats, all of which directly affect the sustainability and resilience of agriculture. The primary objective of this paper is to assess the capacity of these states to protect their agricultural sectors from financial shocks and identify structural weaknesses and policy gaps. This study utilizes a mixed methods approach, including comparative PESTEL analysis, evaluation of financial indicators such as credit availability, agricultural insurance coverage and fiscal support programs. Data from the years 2010–2023 were analyzed to reveal trends and structural differences in these countries. The results show that while the Baltic States benefit from strong EU integration and support mechanisms, Georgia and Ukraine face greater financial vulnerabilities due to ongoing or recent conflicts, institutional fragility, and limited access to international financial buffers. The paper concludes with policy recommendations for improving agricultural financial security through risk management tools, enhanced regional cooperation, and the adoption of sustainable financing strategies tailored to each country's needs.