Importance of the Agro-Food System for Economic Development in Selected LMICs

Jovanović, Olivera and Zubović, Jovan (2023) Importance of the Agro-Food System for Economic Development in Selected LMICs. In: III international scientific conference "Sustainable agriculture and rural development". Institute of Agricultural Economics, Belgrade, pp. 167-175. ISBN 978-86-6269-123-1

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Abstract

Primary agricultural production and the food industry jointly represent the
agro-food system of one country. This system has an important role in the economic development of the Republic of Serbia, which according to the World
Bank classification, belongs to the group of LMICs. The aim of this paper is to
validate the strategic role of the agro-food system in the economic structure
of low- and middle-income countries and its contribution to overall economic development. Applied criteria for selecting the countries for the analysis
were: gross national income per capita, territorial affiliation (geographical
position), and CEFTA agreement. Based on such criteria, the sample countries include Serbia, Albania, Bosnia & Herzegovina, and North Macedonia.
Indicators of the contribution to economic development are created using
secondary data and divided into four categories: employment indicators, activity indicators, population indicators, and economic indicators. The period
covered by this analysis is from 2013 to 2018.

Item Type:	Book Section
Additional Information:	COBISS.ID=108159241
Uncontrolled Keywords:	agro-food system, LMICs, economic development, qualitative indicators, Serbia
Research Department:	Macroeconomics
Depositing User:	Jelena Banovic
Date Deposited:	13 Feb 2023 13:16
Last Modified:	13 Feb 2023 13:18
URI:	http://35.240.28.64/id/eprint/1878
Author Links:	[error in script] No links available.

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