Significance of financial literacy for the agricultural holdings in Serbia
The aim of this paper is to analyse the level and the significance of farmers' financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the paper's results, the level of farmers' financial knowledge is...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2017-01-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621704687Z.pdf |
| _version_ | 1811217994026582016 |
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| author | Zakić Vladimir Kovačević Vlado Damnjanović Jelena |
| author_facet | Zakić Vladimir Kovačević Vlado Damnjanović Jelena |
| author_sort | Zakić Vladimir |
| collection | DOAJ |
| description | The aim of this paper is to analyse the level and the significance of farmers' financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the paper's results, the level of farmers' financial knowledge is low; at the state level there hasn't been established satisfying financial education of farmers. It is necessary to establish continuous education programs in this field through agricultural extension services; at the state level, it is important to improve the coordination between different state bodies that conduct an educational program in agricultural sector, as well as the science research results and to make an educational material available to farmers. When considering the significance of financial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing financial literacy already at the level of youth or children. This theoretical concept is currently being accepted in the activities of the Government of the Republic of Serbia. In this regard, the Ministry of Economy has decided to introduce entrepreneurship to primary school through numerous projects. |
| first_indexed | 2024-04-12T07:03:37Z |
| format | Article |
| id | doaj.art-590ec03eaafb4a89843560ccbb8641cb |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-04-12T07:03:37Z |
| publishDate | 2017-01-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-590ec03eaafb4a89843560ccbb8641cb2022-12-22T03:42:56ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532017-01-01644168717020352-34621704687ZSignificance of financial literacy for the agricultural holdings in SerbiaZakić Vladimir0Kovačević Vlado1Damnjanović Jelena2University in Belgrade - Faculty of Agriculture, Belgrade-ZemunInstitute for Agricultural Economics, BelgradeNovi Sad School of Business, Novi SadThe aim of this paper is to analyse the level and the significance of farmers' financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the paper's results, the level of farmers' financial knowledge is low; at the state level there hasn't been established satisfying financial education of farmers. It is necessary to establish continuous education programs in this field through agricultural extension services; at the state level, it is important to improve the coordination between different state bodies that conduct an educational program in agricultural sector, as well as the science research results and to make an educational material available to farmers. When considering the significance of financial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing financial literacy already at the level of youth or children. This theoretical concept is currently being accepted in the activities of the Government of the Republic of Serbia. In this regard, the Ministry of Economy has decided to introduce entrepreneurship to primary school through numerous projects.https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621704687Z.pdffinancial knowledgeextension servicefinance modelsagriculture |
| spellingShingle | Zakić Vladimir Kovačević Vlado Damnjanović Jelena Significance of financial literacy for the agricultural holdings in Serbia Ekonomika Poljoprivrede (1979) financial knowledge extension service finance models agriculture |
| title | Significance of financial literacy for the agricultural holdings in Serbia |
| title_full | Significance of financial literacy for the agricultural holdings in Serbia |
| title_fullStr | Significance of financial literacy for the agricultural holdings in Serbia |
| title_full_unstemmed | Significance of financial literacy for the agricultural holdings in Serbia |
| title_short | Significance of financial literacy for the agricultural holdings in Serbia |
| title_sort | significance of financial literacy for the agricultural holdings in serbia |
| topic | financial knowledge extension service finance models agriculture |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621704687Z.pdf |
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