LEGAL STATUS, ROLE AND IMPORTANCE OF AGRICULTURAL COOPERATIVES IN SERBIA AND IN THE EUROPEAN UNION
Keywords:
cooperative, agriculture, Cooperatives Act, European UnionAbstract
Agricultural cooperatives are very important model of functioning of agricultural production, which has been known from ancient times. Since the creation of the first forms of cooperatives, to this day, interest in co-operatives and their work culminated in a period of great economic crisis, when (again) the advantages of cooperatives and their potential was "revealed". The links between cooperatives and rural development is highly important as the cooperatives contribute to the regional economy and to public policy objectives with an aim to improve the rural competitiveness and environmental sustainability. Development and improvement of agricultural cooperatives in Serbia and throughout the developing world is a very important practical task that is based in respect of the principle of agricultural cooperatives and set standards of the European Union and the International Cooperative Alliance – ICA, in which establishment is involved the Association of Serbian agricultural cooperatives together with other national associations in London. This paper reviews the importance and role of cooperatives in modern agriculture, as well as basic principles of their operation. The status of agricultural cooperatives in the Republic of Serbia and the EU level are subject to discussion and analysis that follows.
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