THE WATER MANAGEMENT MECHANISM IMPROVEMENT IN THE ZONE OF RISKED LAND USE

Abstract

The peculiarities of forming an effective water management system in the area of risk agricultural land use are considered. The main tendencies of capital investments financing and current expenses for protection and rehabilitation of soil, underground and surface waters are analyzed. In addition, as the analysis shows, low investment attractiveness, especially in the melioration zone, does not contribute to the flow not only of foreign but also of domestic capital, which multiplier influences the slowdown in the rates of socio-economic functioning of settlements located in areas of melioration land concentration. It has been shown that best practices prove that investing in the functioning of land melioration is a major factor in improving the efficiency of agrarian production. That is why it has been recognized as one of the priority directions of the stable functioning of agrarian production. The developed countries use quite different forms of investment activities, and in the process of regulation of investment activity such countries use various measures that form favorable conditions for attracting both domestic and foreign capital. It is shown that the formation of effective management system is impossible without institutionalization of a wide spectrum of forms of partnership relations between different objects of functioning. The prospects for increasing the amount of land melioration financing are associated with the spread of cooperation processes between the state and the water users association regarding the operation of land melioration systems with the ability to combine budget financing with investments of private business entities, both domestic and foreign. The prospects of foreign experience regarding the investing in the functioning of agricultural land melioration are analyzed. The agricultural land melioration is the most important factor in improving the efficiency of agricultural production in Ukraine. It is shown that the reforming of irrigation systems management should be carried out on the basis of decentralization with the transfer of water management and water operating functions to water users on the basis of their association.