LIMITATIONS AND OPPORTUNITIES FOR FUNDING AGRICULTURE AND RURAL DEVELOPMENT IN THE REPUBLIC OF SERBIA
DOI:
https://doi.org/10.5937/ekoPolj1803123RKeywords:
agriculture, rural development, funding, Republic of SerbiaAbstract
Funding is one of the most important issues of agriculture and rural development of the Republic of Serbia, because insufficient financial resources allocated to this sector of the countrys economy are considered the key limitation for better valorization of agricultural resources and the revitalization of rural areas. Agribusiness and rural development have a major socio-economic importance for the Republic of Serbia, which is supported by a number of strategic documents, development indicators and scientific and expert analysis implemented in the country and at a global level; therefore, the aim of this study is to determine whether it is necessary and possible to improve the funding of agricultural development and rural economy of the Republic of Serbia, in current conditions. The survey results indicate potential sources, i.e., the possible ways of funding agriculture and non-agricultural activities in the rural areas of the Republic of Serbia.
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References
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24. SARD (2014). Strategy of Agriculture and Rural Development of the Republic of Serbia 2014-2024 ("Offcial Gazette of RS", No. 85/2014).
25. Sundmaeker, H. (2016). Accelerating System Development for the Food Chain: A Portfolio of over 30 Projects, Aiming at Impact and Growth. International Journal on Food System Dynamics, 7(4), 371-381.
26. SYRS (2017). Statistical Yearbook of the RS 2017. SORS, Belgrade.
27. Todorović, V. & Vuksanović, E. (2012). The effects of reforms of the regulatory environment on the Serbian banking sector, Institutional changes as a determinant of the economic development of Serbia, University of Kragujevac - Faculty of Economics, Kragujevac, 261-278 [in Serbian: Тодоровић, В. & Вуксановић, Е. (2012). Ефекти реформских процеса регулаторног окружења на банкарски сектор Србије, Институционалне промене као детерминанта привредног развоја Србије, Универзитет у Крагујевцу - Економски факултет, Крагујевац].
28. Vasiljević, Z., Zakić, V. & Kovačević, V. (2015). The recent legislature in the Republic of Serbia in area of incentives and fnancing of agriculture and rural development. Agro–knowledge Journal, 16(1), 33-45.
29. Volk, T., Erjavec, E. & Mortensen, K. (2014). Agricultural Policy and European Integration in Southeastern Europe. FAO, Budapest.
30. Vujičić, M., Ristić, L. & Vujičić, S. M. (2012). European integration and rural development policy of the Republic of Serbia and West Balkan countries. Bulgarian Journal of Agricultural Science, 18(4), 519-530.
2. CENS - Commodity Exchange in Novi Sad [in Serbian: ПБНС-Продуктна берза Нови Сад], https://www.proberza.co.rs/agrar-produkt/ (March 20, 2018)
3. Census of Agriculture (2012). Census of Agriculture 2012. SORS, Belgrade.
4. Directorate for Agrarian Payments, MAFWE, Republic of Serbia [in Serbian: Управа за аграрна плаћања МПШВ, Република Србија], http://uap.gov.rs/onama/ (March 20, 2018)
5. Fagang, H. (2017). A Study on Rural Development and Trade Economy Based on Expectation-maximization Algorithm. Revista de la Facultad de Ingenieria, 32(14), 589-595.
6. Galinska, A. (2013). EUs agricultural policy in the WTO context. EC-DG AGRI, EU.
7. Hodge, H., Carson, D., Carson, D., Newman, L. & Garrett, J. (2017). Using Internet technologies in rural communities to access services: The views of older people and service providers. Journal of Rural Studies, 54(VIII), 469-478.
8. Indemnity Fund, Republic of Serbia [in Serbian: Компензациони фонд, Република Србија], http://www.kompenzacionifond.gov.rs/ (March 19, 2018)
9. Jakšić, M. & Grbić, M. (2013). Reform of the fnancial system of Serbia-changes and the achieved level of development, Transition effects and prospects of the Serbian economy, University of Kragujevac - Faculty of Economics, Kragujevac, 127-148 [in Serbian: Јакшић, М. & Грбић, М. (2013). Реформа финансијског система Србије-промене и достигнути ниво развоја, Ефекти транзиције и перспективе привреде Србије, Универзитет у Крагујевцу - Економски факултет, Крагујевац].
10. Kočović, J., Rakonjac-Antić, T. & Jovović, M. (2016). Possibilities for the development of agriculture insurance in Serbia, State and prospects of agrarian economy and villages in Serbia, University of Belgrade - Faculty of Economics, CID, Belgrade, 205-224 [in Serbian: Кочовић, Ј., Ракоњац-Антић, Т. & Јововић, М. (2016). Могућности развоја осигурања пољопривреде у Србији, Стање и перспективе агропривреде и села у Србији, Универзитет у Београду - Економски факултет, ЦИД, Београд].
11. Kovačević, V., Zakić, V., Milovanović, M., Subić, J. & Jeločnik, M. (2016). Electronic warehouse receipts registry as a step from paper to electronic warehouse receipts. Economics of Agriculture, 63(3), 801-815.
12. MAEP (2017). Report on the state of agriculture in the Republic of Serbia in 2016 - Book I. Ministry of Agriculture & Environmental Protection, Republic of Serbia [in Serbian: MПЗЖС (2017). Извештај о стању у пољопривреди у Републици Србији у 2016.години - књига I. Министарство пољопривреде и заштите животне средине, Република Србија].
13. MAFWE (2017). Republic of Serbia IPARD Programme for 2014-2020 ("Offcial Gazette of RS", No. 84/17). Ministry of Agriculture, Forestry & Water Economy, Republic of Serbia.
14. MAFWE - Ministry of Agriculture, Forestry & Water Economy, Republic of Serbia [in Serbian: MПШВ - Министарство пољопривреде, шумарства и водопривреде, Р. Србија], http://www.minpolj.gov.rs/ (March 2, 2018)
15. Moseley, M. (2003). Rural Development-principles & practice. SAGE, London.
16. MTTT (2018). Public hearing on the Draft Act on Commodity Market. Ministry of Trade, Tourism and Telecommunications, Republic of Serbia, Belgrade.
17. NPA (2017). National Programme for Agriculture 2018-2020 ("Official Gazette of RS", No. 120/17).
18. Njegomir, V., Tepavac, R. & Ivanišević, N. (2017). Alternative sources of financing entrepreneurial undertakings in agriculture. Economics of Agriculture, 64(1), 295-306.
19. Radović, G. (2014). Funding of agriculture in the Republic of Serbia. Zaduzbina Andrejevic, Belgrade [in Serbian: Радовић, Г. (2014).Финансирање пољопривреде у Републици Србији. Задужбина Андрејевић, Београд].
20. Radović, G. (2015). Financing agriculture in the Republic of Serbia: experiences and opportunities. Economics - Theory and Practice, 8(4), 13-27.
21. Radović, G., Košić, K. & Demirović, D. (2018). Financing as a key factor of the strategy of sustainable rural tourism development in the Republic of Serbia. Economics of Agriculture, 65(1), 413-426.
22. Radulović, Đ. (2013). Agricultural holding in the process of providing sources of funding, Food for Europe, Economics Institute, Belgrade [Радуловић, Ђ.(2013). Пољопривредно газдинство у процесу обезбеђивања извора финансирања, Храна за Европу, ЕИ, Београд].
23. Rząsa, K. & Ogryzek, M. (2017). Social aspects of rural development. Journal Baltic Surveying, 7, 42-48.
24. SARD (2014). Strategy of Agriculture and Rural Development of the Republic of Serbia 2014-2024 ("Offcial Gazette of RS", No. 85/2014).
25. Sundmaeker, H. (2016). Accelerating System Development for the Food Chain: A Portfolio of over 30 Projects, Aiming at Impact and Growth. International Journal on Food System Dynamics, 7(4), 371-381.
26. SYRS (2017). Statistical Yearbook of the RS 2017. SORS, Belgrade.
27. Todorović, V. & Vuksanović, E. (2012). The effects of reforms of the regulatory environment on the Serbian banking sector, Institutional changes as a determinant of the economic development of Serbia, University of Kragujevac - Faculty of Economics, Kragujevac, 261-278 [in Serbian: Тодоровић, В. & Вуксановић, Е. (2012). Ефекти реформских процеса регулаторног окружења на банкарски сектор Србије, Институционалне промене као детерминанта привредног развоја Србије, Универзитет у Крагујевцу - Економски факултет, Крагујевац].
28. Vasiljević, Z., Zakić, V. & Kovačević, V. (2015). The recent legislature in the Republic of Serbia in area of incentives and fnancing of agriculture and rural development. Agro–knowledge Journal, 16(1), 33-45.
29. Volk, T., Erjavec, E. & Mortensen, K. (2014). Agricultural Policy and European Integration in Southeastern Europe. FAO, Budapest.
30. Vujičić, M., Ristić, L. & Vujičić, S. M. (2012). European integration and rural development policy of the Republic of Serbia and West Balkan countries. Bulgarian Journal of Agricultural Science, 18(4), 519-530.
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Published
2018-09-23
How to Cite
Ristić, L., Todorović, V., & Jakšić, M. (2018). LIMITATIONS AND OPPORTUNITIES FOR FUNDING AGRICULTURE AND RURAL DEVELOPMENT IN THE REPUBLIC OF SERBIA. Economics of Agriculture, 65(3), 1123–1138. https://doi.org/10.5937/ekoPolj1803123R
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Review articles
