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What is Risk Diversification

Prevention and Management of Soil Erosion and Torrential Floods
One of the key economic principles based on risk reduction through the production and sale of various outputs.
Published in Chapter:
The Role of Polyculture in Sustainable Agricultural Development and Prevention of Land Degradation
Milan Marković (Innovation Center, University of Niš, Serbia) and Ivana Marjanović (Faculty of Economics, University of Niš, Serbia)
Copyright: © 2022 |Pages: 22
DOI: 10.4018/978-1-7998-8459-0.ch007
Abstract
The aim of the chapter is to show the possible impact of policulture farming on some determinants of sustainable agricultural development, especially from the point of view of economic viability, biodiversity, and land degradation. Increasing the area under polyculture is one of the main solutions to the present environmental problems. The key constraints are economic pressures due to the question of the cost-effectiveness of such a mode of production and the need to provide sufficient food for a growing population, especially in developing countries. The results of the research show that policulture (organic agriculture) should be favored, while monoculture farming must be adequately directed and put in the function of achieving ecological goals of sustainable development as much as possible. In addition, on the example of European countries, it was assessed that there are good conditions for further “greening” of agriculture, bearing in mind the movement of the analyzed indicators.
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