Analysis of investments cost-effectiveness in agricultural production of the Republic of Croatia

U radu se analizira stanje u poljoprivredi Republike Hrvatske, istražuju uzroci niske konkurentnosti poljoprivrednih proizvoda i traže rješenja kako to prevladati. Pritom se dolazi do zaključaka da su glavni uzroci velike površine neobrađene zemlje, velika rascjepkanost obrađenih površina zemlje, neadekvatno korištenje suvremene tehnike i tehnologije u poljoprivrednoj proizvodnji te zapuštenost ruralnog razvoja. Uzroke i probleme generira neadekvatna poljoprivredna politika. Osim toga, traži se odgovor na pitanje jesu li investicije u poljoprivredu adekvatne i financijski isplative. Dolazi se do zaključka da je poljoprivreda specifična djelatnost s velikim brojem proizvođača od kojih ni jedan ne može utjecati na formiranje prodajnih cijena pa su investicije u poljoprivredu uglavnom nisko profitabilne pa čak i neisplative, ali i da financijska isplativost ne može biti glavni kriterij za donošenje investicijskih odluka jer poljoprvreda hrani stanovništvo, utječe na platnu bilancu zemlje te kao bazna proizvodnja utječe na razvoj drugih industrija. Na kraju su predložene mjere koje se odnose na to što bi sve trebalo učiniti u cilju rješavanja problema u poljoprivredi Republike Hrvatske.The paper analyzes the situation in agriculture in the Republic of Croatia, investigates the causes of low competitiveness of agricultural products and seeks solutions to overcome it. It is concluded that the main causes are the large area of uncultivated land, the large fragmentation of cultivated land, the inadequate use of modern techniques and technology in agricultural production and the neglect of rural development. The causes and problems are generated by inadequate agricultural policy. It also seeks to answer the question of whether investments in agriculture are adequate and financially viable, and concludes that agriculture is a specific activity with a large number of producers, none of which can influence the formation of selling prices, so investments in agriculture are generally low profitable and even unprofitable, but also that financial profitability cannot be the main criterion for making investment decisions because agriculture feeds the population, affects the country's balance of payments and as a basic production affects the development of other industries. Finally, measures which should be taken are proposed in order to solve the problems in agriculture in the Republic of Croatia