Economic assessment of investments in rural infrastructure in hilly-mountain areas

Subić, Jonel and Jeločnik, Marko and Petrović, Mladen (2025) Economic assessment of investments in rural infrastructure in hilly-mountain areas. In: V International Scientific Conference "Sustainable agriculture and rural development". Institute of Agricultural Economics, Belgrade, pp. 301-316. ISBN 978-86-6269-141-5

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Abstract

As one of the important elements of rural infrastructure, water supply represents the major precondition of modern lifestyle. However, in hilly mountainous regions of Serbian rural areas, water supply still does not have the treatment it deserves, while is not in line with the concept of sustainable development. Due to mentioned, there is a need for prompt attention to the issue of fresh water supply, while approach has to be in a planned manner, respecting both professional aspects, and all three pillars of sustainable development (economic, environmental and social). Considering that in hilly mountainous areas there are still local communities that have existed for many years without centralized or public water supply system, rural settlements are usually forced to rely on individual water supply solutions. Simultaneously with social progress, as well as towards the general increase in “urbanization” of villages, this issue is indispensably linked to overall development.

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