Perspectives of agricultural cooperatives re-development after Covid 19 pandemic in Slovakia

Denisa Gajdová

Abstract: The Covid 19 pandemic is a global, not only, health crisis with devasting impact on the world economy in general. These impacts are also visible more and more in food and agriculture sector as the main sector of population nourishment. In spite of adopted measures in many countries, spread of the virus is starting to distrupt the supply of agrofood products to markets and consumers, both within and across borders. Most major economies are expected to enter recession as a result of the Covid 19 pandemic, and the OECD has estimated that for each month the necessary containment measures continue the drop in output is equivalent to a decline in annual GDP growth up to 2 percentage points. How damaging these impacts tourn out to be for individual agricultural production of countries and agricultural cooperatives which are consider as the more viable during crisis is the objective of this paper.

Keywords: Agricultural cooperatives; Agricultural production; Farmers

Date published: 2023-04-26