Table of Contents: Significance and comparative advantages of the agrarian sector in Serbian foreign trade, by Dragica Božić and Marija M. Nikolić; Credit as the financial source of the Serbian agriculture, by Gordana Radović, Radovan Pejanović, and Zoran Nјegovan; Partial equilibrium model as a tool for policy analysis in agriculture: an empirical evidence of Macedonia, by Ana Kotevska, Dragi Dimitrievski, and Emil Erjavec; I-squared distance in order of ranking countries of central, eastern and southeastern Europe according to the level of productivity in agriculture, by Svjetlana Janković-Šoja and Dana Bucalo; Serbia in transition from self-governing socialism to liberal capitalism, by Simo Stevanović and Milan R. Milanović; Vojvodina's agriculture - analysis and possibilities, by Nebojša Novković, Beba Mutavdžić and Nataša Vukelić