Based on a case study of two Moldovan regions, the paper challenges the favourable assessment of recently established peasant farms in a World Bank study by LERMAN et al. (1998). The main arguments in favour of a more critical view of the results of land privatisation and farm restructuring are...

Prior to 1989 the world could be divided "economically" into three clusters: (1) The Eastern Bloc with its socialist, planned economies, (2) the Western Bloc with its more market-oriented systems, and (3) the developing and emerging countries. Then, at approximately the same time, some major...