. Role of cooperative farming in development of agricultural production in Armenia

Abstract

In highly developed countries cooperatives play an important
role in the development of agriculture. The cooperatives promote efficient use of resources, increasing production efficiency. This process goes slowly yet in Armenia due to the imperfection of the legal field, the low level of government assistance and other factors. Tо accelerate the process of formation
of agricultural cooperatives it is necessary to set up a positive
environment, to pass a law «About cooperatives» and governmental complex assistance program, to compensate all or part of expenses associated with the creation of cooperatives.