THE AGRICULTURE SECTOR IN WESTERN BALKANS – SOME CHARACTERISTICS OF DEVELOPMENT

  • Radmilo Nikolić, PhD University of Belgrade, Technical faculty in Bor
  • Aleksandra Fedajev, PhD University of Belgrade, Technical faculty in Bor
  • Vidoje Stefanović, PhD University of Nis, Faculty of science and mathematics
  • Silvana Ilić, PhD John Naisbitt University, Faculty of Management in Zajecar

Abstract

Agriculture in the Western Balkan countries has the signifcant role. It has the highest share in GDP right after the industry. However, transition processes as well as the breakup of former Yugoslavia caused serious stagnation in this economic activity in almost all its areas. Measures and actions taken in order to make an unfavourable situation in this sector better, did not bring results which had been expected. The recovery of agriculture is still slow and faces numerous obstacles. The aim of this paper apropos is to analyse the role of this sector in Western Balkan economies by using the multi-criteria analysis or more precise PROMETHE GAIA methodology. Obtained results indicate that agriculture sector has the most significant role in Albanian economy, followed by FRY Macedonia, Bosnia and Herzegovina, Serbia, Croatia and, at the very end, Montenegro.

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Published
2017-01-31
How to Cite
NIKOLIĆ, Radmilo et al. THE AGRICULTURE SECTOR IN WESTERN BALKANS – SOME CHARACTERISTICS OF DEVELOPMENT. Economics of Agriculture, [S.l.], v. 64, n. 1, p. 275-293, jan. 2017. ISSN 2334-8453. Available at: <http://ea.bg.ac.rs/index.php/EA/article/view/141>. Date accessed: 28 sep. 2020. doi: https://doi.org/10.5937/ekoPolj1701275N.