The Second Wave of the Global Financial and Economic Crisis and a New Agribusiness Development Model: A Study Case of Vojvodina

The tide of the second wave of the global financial and economic crisis suggests that Vojvodina needs a radically new agribusiness development model. The key to constituting a new agribusiness development model lies in identifying good solutions for integrating the European concept of endogenous, self-propulsive and self-sustainable development based on scientific knowledge into the overall social and economic structure of farming industry in Vojvodina. The elaborated material is divided into six sections. The first section considers the impact of current competitiveness on public and corporate agribusiness management according to the criteria of open market economy; the second section presents the results of the analysis of future competitiveness and their implications on a new model of public and corporate management; the third part deals with the issues of developing collaboration and cooperation culture in agribusiness, as a key factor in the conversion of the farming industry from the current competitiveness level into a new condition. Based on the findings of the first, second and third section, the joint assumptions of the fourth, fifth and the sixth sections deal with the basic controversies regarding the advancement of public and corporate agribusiness management in Vojvodina.