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Industrial Policies In Agrarian Economy


  • Zoran Njegovan

    (University of Novi Sad, Faculty of Agriculture)


Industrial policy is a significant element of successful agro-economic development considering that it integrates three highly important elements of development and growth – economy of scale, innovativeness and synergy - at a global level. As a complex and comprehensive activity it is oriented, by its nature, to structural regulation and promotion of competitiveness of the industry. Serbia does not have a clearly and consistently developed industrial policy, nor does it implement it in an effective manner. As such, it becomes a “receptor” of industrial policies of others - developed countries. However, it could be said that, even with such an orientation, it is not very successful. Hence, this paper treats the global industrial policies issues, as well as policies of the successful countries such as China, USA, EU, and others whose experience Serbia could use as a paradigm. Furthermore, the paper comments the industrial policies of the countries of East Asia and countries in transition, as examples of a positive experience. Finally, it analyzes the situation in the industrial policy segment in Serbia within a historical context, indicates the constraints and offers the possible directions for their relativization.

Suggested Citation

  • Zoran Njegovan, 2012. "Industrial Policies In Agrarian Economy," Serbian Association of Economists Journal, SAE - Serbian Association of Economists, issue 1-2, pages 105-115, February.
  • Handle: RePEc:srb:journl:y:2012:i:1-2:p:105-115

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    Cited by:

    1. Tomić, Danilo & Njegovan, Zoran, 2013. "Agriculture Of The Western Balkan Countries In Globalisation And Liberalisation Processes," Agri-Food Sector in Serbia: State and Challenges, Serbian Association of Agricultural Economists, number 157565 edited by Škorić, Dragan & Tomić, Danilo & Popović, Vesna, April.

    More about this item


    industrial policies; agrarian economy; imperialism; mercantilism; Lisbon Strategy; Republic of Serbia.;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General


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