ELEMENTS OF COMPETITION AND AGRARIAN MARKET STRUCTURES IN SERBIA

One of the biggest problems of agriculture in Serbia is an institutionally undeveloped agricultural commodity market and inefficient resource allocation. Although oligopsony is inevitable and sometimes even useful for the majority of agricultural commodity markets, the crucial thing is that the government, due to its undeveloped institutions, is unable to penalise market participants who abuse their market position, and jeopardise competition by breaking contracts, operating in „grey economy“, etc. Some of the main directions Serbia should take towards promoting its agrarian market, include a shift from the grey market economy towards legal channels, more efficient Competition Policy and promotion of legal, judicial and executive branches of government.


Issue Date:
2009
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/245211
Published in:
Economics of Agriculture, Volume 56, Number 4
Page range:
519-534




 Record created 2017-04-01, last modified 2017-08-29

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