SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA

The aim of this paper is to analyse the level and the signifcance of farmers financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the papers results, the level of farmers fnancial knowledge is low; at the state l...

Full description

Bibliographic Details
Main Authors: Vladimir Zakić, Vlado Kovačević, Jelena Damnjanović
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2017-12-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://www.ea.bg.ac.rs/index.php/EA/article/view/59
_version_ 1827945811573473280
author Vladimir Zakić
Vlado Kovačević
Jelena Damnjanović
author_facet Vladimir Zakić
Vlado Kovačević
Jelena Damnjanović
author_sort Vladimir Zakić
collection DOAJ
description The aim of this paper is to analyse the level and the signifcance of farmers financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the papers results, the level of farmers fnancial knowledge is low; at the state level there hasnt been established satisfying fnancial education of farmers. It is necessary to establish continuous education programs in this feld 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 signifcance of fnancial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing fnancial 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 2024-03-13T10:49:50Z
format Article
id doaj.art-fae30ae2c1394befb22e5753e6f55829
institution Directory Open Access Journal
issn 0352-3462
2334-8453
language English
last_indexed 2024-03-13T10:49:50Z
publishDate 2017-12-01
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-fae30ae2c1394befb22e5753e6f558292023-05-17T16:57:44ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532017-12-0164410.5937/ekoPolj1704687ZSIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIAVladimir Zakić0Vlado Kovačević1Jelena Damnjanović2University in Belgrade - Faculty of AgricultureInstitute for Agricultural Economics, BelgradeNovi Sad School of Business, Novi Sad The aim of this paper is to analyse the level and the signifcance of farmers financial knowledge or literacy, as well to propose measures for the improvement of financial skills in agricultural holdings. According to the papers results, the level of farmers fnancial knowledge is low; at the state level there hasnt been established satisfying fnancial education of farmers. It is necessary to establish continuous education programs in this feld 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 signifcance of fnancial literacy, it is usually analyzed from the perspective of adult people. However, recent studies indicate the importance of increasing fnancial 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://www.ea.bg.ac.rs/index.php/EA/article/view/59fnancial knowledge, extension service, fnance models, agriculture.
spellingShingle Vladimir Zakić
Vlado Kovačević
Jelena Damnjanović
SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
Ekonomika Poljoprivrede (1979)
fnancial knowledge, extension service, fnance models, agriculture.
title SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
title_full SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
title_fullStr SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
title_full_unstemmed SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
title_short SIGNIFICANCE OF FINACIAL LITERACY FOR THE AGRICULTURAL HOLDINGS IN SERBIA
title_sort significance of finacial literacy for the agricultural holdings in serbia
topic fnancial knowledge, extension service, fnance models, agriculture.
url https://www.ea.bg.ac.rs/index.php/EA/article/view/59
work_keys_str_mv AT vladimirzakic significanceoffinacialliteracyfortheagriculturalholdingsinserbia
AT vladokovacevic significanceoffinacialliteracyfortheagriculturalholdingsinserbia
AT jelenadamnjanovic significanceoffinacialliteracyfortheagriculturalholdingsinserbia