Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...

The paper provides descriptive analyses of the EU New Member States agriculture over the period from 2000 to 2011. In 2004 and 2007, twelve New Member States (NMS) joined the European Union, which has offered several possibilities and challenges to the newcomers. The aim of the paper is to...

The paper reviews the theory of the impact of loan collateral, and in particular land collateral, in institutional and non-institutional rural credit markets. Evidence from three Asian developing countries is presented, showing extensive use of land collateral among institutional lenders in...

Since the seminal work of Adam Smith, markets have been considered an efficienttool for co-ordinating the behaviour of economic agents. The basic characteristicof a market economy is that the complex system of interaction amongindividuals is not centrally coordinated. Under the assumption of...

Russia has experienced dramatic changes in land ownership and land tenure since the dissolution of the Soviet Union at the end of 1991: agricultural land has been largely privatized, individual landowners now have legal rights to most agricultural land in the country, and previous prohibitions...