SUSTAINABLE INTEGRAL DEVELOPMENT OF AGRICULTURE AND TOURISM IN THE REPUBLIC OF SERBIA

Lela Ristic, Nikola Boskovic and Danijela Despotovic

Faculty of Economics, University of Kragujevac, Kragujevac, The Republic of Serbia

Sustainable development is one of global imperatives and it involves the harmonization of economic, environmental, and social development goals, with an appropriate institutional support. There are plenty of resources pertaining to the sustainable development of agriculture and tourism, as numerous studies and practical examples worldwide confirm. The paper highlights the example of the Republic of Serbia and can be of use for other countries with similar resource potentials and developmental constraints. Namely, agriculture and tourism in the Republic of Serbia are distinguished by abundant natural and cultural-historical resources, but what mostly lacks are funds for serious investment, as well as a modern and holistic approach to development, so the available resources are insufficiently used. Accordingly, the research aims to point to the necessity of a more creative use of agro-tourism resources, i.e. to the more promising directions of the integral development of agriculture and tourism on sustainable grounds. The paper results highlight the extreme importance of institutional support to agriculture and tourism networking within the concept of sustainable development.

Keywords: sustainable development, integral development, agriculture, tourism, the Republic of Serbia

JEL Classification: Q01, Q19, Z32