Economic crisis and its consequences on the living standard and development of the agriculture in Serbia
The economic crisis had transferred to Serbia at the end of 2008, causing the economic growth slowdown and macroeconomic stability endangerment. Agriculture, the strategic branch of national economy was affected as well, and despite favourable climatic, natural, human and technical-technological potentials, it had influenced reduction of agricultural development far below the real possibilities. Prior to the crisis potentials for agricultural development in Serbia were unused. Comprehensive and more intensive institutional support lacked, along with growing necessity for the concept based on profitability, market orientation and competitiveness of national agriculture. All segments of agriculture would have to be harmonized with the policies of agrarian and rural development of EU, mainly in terms of agri-food safety, and economic, social and ecological efficiency of agriculture. Due to decrease in living standard in most of the households in Serbia various survival strategies models have been created, in which the great part of personal consumption is being used for purchase of agri-food products. Changes in local population’s daily food consumption are reflected not as much in the reduction of quantities used as in the quality of used nutrients. That leads to a conclusion that to food production in Serbia should be paid greater attention, especially during the period of economic crisis.
|Date of creation:||17 Oct 2011|
|Date of revision:||17 Oct 2011|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:35365. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter)
If references are entirely missing, you can add them using this form.