• Milan Beslac, PhD High School for Business Economics and Entrepreneurship, Belgrade
  • Goran Ćorić, PhD University Singidunum Belgrade


The purpose and goal of this research is to familiarize the general community, especially agricultural producers with the problem of fnancing the cultivation and trade of GMO and the problems Serbia is facing in the process of joining the EU. The paper uses an experimental method, the method of analysis, synthesis, induction and deduction, and presents the results which have been obtained by surveying 163 farmers from Vojvodina. The main results of this study show that, if the law so regulates, most agricultural producers agree to produce GMOs, but only if the conditions for the traditional production do not provide acceptable yield and income. The contribution of this paper is that it has shown that GMOs are such organisms that would never have been created in nature and that they actually represent a patent for certain organizations. It has also shown that there is a need for informing and educating farmers in the feld of GMOs as well as the need for further research on this topic.


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How to Cite
BESLAC, Milan; ĆORIĆ, Goran. FINANCIAL AND PRODUCTION ASPECTS OF GENETICALLY MODIFIED ORGANISMS. Economics of Agriculture, [S.l.], v. 64, n. 4, p. 1583-1594, dec. 2017. ISSN 2334-8453. Available at: <>. Date accessed: 28 sep. 2020. doi: