Agriculture policy and the results of Serbia’s agriculture sector
2020
Aničić, Jugoslav | Aničić, Dušan | Subić, Jonel | Jeločnik, Marko | Andrei, Jean Vasile
Serbia’s agriculture sector has great potentials which are used to a small extentbecause of inherited condition from pre-transitional period and economic policywhich was conducted at the expense of agricultural products’ prices. Large agricultural combines and cooperatives, which were carriers of production and trade,disappeared during privatization period. In recent years, companies that are emerging and developing themselves, take over the role of carrier of agriculture development, thanks to the application of modern knowledge and the latest technologyfrom their domain. Alongside with them, agriculture cooperatives, entrepreneursand small households develop themselves through horizontal and vertical connecting and take their place in production and trade chain of agricultural products.Assets and capital structure of companies from this sector, as well as their resultsrealized in recent years, present a reliable basis for further development of thewhole sector, as well as a contribution to export increase and overall growth ofGDP. The aim of this paper is to, on the basis of realized results of enterprisesfrom agriculture sector, point to economic policy creators their big importance forboth development of agriculture, and overall contribution to economic growth andreduction of country’s foreign trade deficit.
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