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Serbian Agriculture – Programmes Of Credit Support By The State And Commercial Banks Between 2004-2007

Author

Listed:
  • Vesna Paraušić
  • Drago Cvijanović

Abstract

Serbian agricultural production accounts for a significant percentage of the share in GDP, and almost 1/3 of the Serbian population live on farms. There is a positive balance in food trade, and nearly 17 per cent of total Serbian export belong to agriculture. However, financial support to agricultural production is insufficient and incommensurate to the role and importance of agriculture in domestic economy in comparison with the practice in advanced economies and those in the region. If high interest rates, along with current credit conditions, remain, agriculture will not be able to advance and compete in foreign markets, however highly competitive its export potential may be.

Suggested Citation

  • Vesna Paraušić & Drago Cvijanović, 2007. "Serbian Agriculture – Programmes Of Credit Support By The State And Commercial Banks Between 2004-2007," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 52(174-175), pages 186-207, July - De.
    • Handle: RePEc:beo:journl:v:52:y:2007:i:174-175:p:186-207
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    More about this item

    Keywords

    agriculture; credit conditions; banks; agrarian budget; interest rates;
    All these keywords.

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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