STRATEGIC CHALLENGES AND REGIONAL COOPERATION

University of Novi Sad, Faculty of Economics, Subotica, Serbia
Serbia

University of MB, Faculty of Business and Law, Belgrade, Serbia
Serbia

PhD student, Faculty of Economics, Kosovska Mitrovica, Serbia
Serbia


Abstract

Economic imperialism favored the growth of the problems of countries with insufficiently developed economies and the deepening of the technological gap. In irregular conditions, both the state and the economic structure look for strategies, generally and selectively, depending on the intensity of the disturbance and the areas of occurrence. In small geostrategic areas, regional cooperation is the key to mutual stability and independent development. The cohesion of the region is a defense mechanism against "donors" - multinational companies. The more complex the level of economic outputs, the more desirable the need for the development of various forms of production and business cooperation. The selection of strategic challenges is the result of target determinations. The probability of success in unstable conditions corresponds to aligned interests. Networking as a form of cooperation is also an introduction to digitization. Gradualism is inevitablebecause every uncontrolled "jump" deepens the imbalance. Under the onslaught of digitization, the market will gradually disappear, just as the market suppressed feudalism. The ability to distribute business activities based on a complex product creates prerequisites for regional cooperation. Resources and space form a symbiosis.

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