The economic importance of agriculture in Western Balkan countries

Bodroža, Duško and Danon, Marko (2012) The economic importance of agriculture in Western Balkan countries. In: European integration process in Western Balkan countries. Faculty of Economics of the University of Coimbra, Coimbra, pp. 310-329. ISBN 978-972-9344-05-3

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Abstract

In this chapter, we analyse macroeconomic importance of agricultural sector in countries of the West Balkans (WB), as well as ways this sector is contributing (or hindering?) the economic growth. We are observing the most important macroeconomic challenges and a macro-picture of the agricultural sector (in the first chapter), and perspectives of this sector in the near future. By this approach, we are pointing to: (i) contribution of the sector to GDP, (ii) weak points of the regional agriculture, (iii) possibilities for advancement and (iv) contribution to the future growth. Hence, productivity becomes the corner stone of our analysis, affecting mostly: (i) unemployment reduction and (ii) current account deficit reduction, but also (iii) inflationary pressures. The next phase of development of the sector leads to its corporatization, thus creating presumptions for its accrued productivity.

Item Type: Book Section
Additional Information: COBISS.SR-ID=1024518288
Uncontrolled Keywords: agriculture, west Balkans, productivity, European integrations
Research Department: Sectorial Economics
Depositing User: Users 5 not found.
Date Deposited: 28 Jul 2015 20:06
Last Modified: 12 May 2020 08:27
URI: http://ebooks.ien.bg.ac.rs/id/eprint/102

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