The New Generation Co-Operatives and Possibility of Their Implementation in the Countries in Transition

This paper consists of three parts. The first part outlines the characteristics of NGCs, defines their activities, and explains differences from traditional cooperatives. It also discusses advantages that NGCs have in promoting the development of local rural communities. The second part analyses the role of agricultural co-operatives in transition countries using Serbia as a case study. Finally, we provide some preliminary evaluation of the expected implications which NGC might have in transition countries.