Strategic management of sustainable rural development in the Republic of Serbia

Lela Ristic

Faculty of Economics, University of Kragujevac, Kragujevac, Serbia

This paper aims to present the current level of sustainable rural development in the Republic of Serbia, the development potentials and the problems identified in this area, as well as to bring to attention the necessity of sustainable rural development modernization as a significant part of the EU accession process. The mentioned issues are examined in accordance with the specific characteristics of the rural areas in the Republic of Serbia and the generally accepted principles of sustainable development (the economic, environmental and social ones), taking into account the interests of present and future generations. The paper analyzes the necessity and possible directions of the sustainable rural development of the Republic of Serbia. In this regard, the paper points to the significant role of the official state development policy in solving the problems of rural areas by establishing appropriate priorities and specific guidelines for future sustainable rural development. The conclusion is that the comprehensive and continuous work on the revitalization and development of rural areas is essential and must be in compliance with the principles of sustainable development. It is vital that the efforts towards sustainable rural development include significant investments, education programs, initiatives and activities of all development actors at the national, regional and local levels, as well as people directly involved in agriculture and agricultural production.

Keywords: sustainable development, rural development, directions of sustainable rural development

JEL Classification: O18, P25, Q19, R59