GMO- TWO DECADES AFTER THE FIRST COMMERCIALISATION

Regarding transgenic plants growth and food derived from genetically modified organisms (GMO) there is a large disagreement about its environmental and health adverse effects as well as about socio-economic implications. In the spirit of the general debate which is not slowing down, in this work we have analysed some indicators and consequences of the transgenic technology diffusion. Our work showed that biotechnology industry successfully recovered from 2008 recession, even the industry for the first time operated without losses, Also, it has been shown that the economic crisis contributed to the further strengthening of the monopoly power of the biggest companies. Bearing in mind, technological underdevelopment as well as fact that small companies collapsed during the crisis it is clear that Serbia cannot compete with multinationals at the biotech market.


Editor(s):
Simonovic, Dragoljub
Simonovic, Zoran
Issue Date:
Sep 30 2015
Publication Type:
Journal Article
DOI and Other Identifiers:
Ekonomika Vol 61 Issue 3 pp 111-119 2015 (Other)
PURL Identifier:
http://purl.umn.edu/212941
Published in:
Ekonomika, Journal for Economic Theory and Practice and Social Issues, Volume 61, Issue 3
Page range:
111-119
Total Pages:
10
JEL Codes:
Q 18; G32; G10




 Record created 2017-04-01, last modified 2017-08-28

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