Building Market Institutions In Post Communist Agriculture

Editors David Macey, William Pyle, and Stephen Wegren, with a host of world-leading agrarian analyst and practitioners, unravel the shortcomings surrounding post-communist agrarian reform and answers how and why particular policies were adopted in Eurasia. Building Market Institutions in Post-Communist Agriculture draws on country-level case studies to analyze a range of initiatives that institutions have applied to agricultural economies. In this edited collection, contributors use a comparative analytical framework to project a universal process of agrarian transformation that continues to change the social, economic, and political characteristics of this part of the world.

The collapse of communism in Romania held the promise of a revival of private, small-scale farming; however, the Romanian transition experience has not fulfilled these expectations. This book explores why farmers continue to place land in cooperative forms of farming when theory suggests that private farming is more productive, and whether there are efficiency gains to be had from cooperative farming endeavors.

A comprehensive, original, and innovative analysis of the social, economic, and political factors affecting contemporary Russian reform, the book is organized around the central question of the role of the state and its effect on the course of Russian agrarian reform. In the wake of the collapse of the USSR, contemporary conventional wisdom holds the the Russian state is “weak.” Stephen Wegren feels that the traditional approach to the weak/strong state suffers from measurement and circular logic problems, believing that the Russian state, thought weaker than in its Soviet past, is still relatively stronger than other actors. The state’s strength allows it to intervene in the rural sector in ways that other power contender cannot. Specifically, as a measure of state intervention, Wegren analyzes how the state has influenced urban-rural relations, rural-rural relations, and the nonstate (private) agricultural sector. Several dilemmas arose that have complicated successful agrarian reform as a result of the nature of state interventions, how reform policies were defined, and the incentives rhar arose from state-sponsored policies. During contemporary Russian agrarian reform, urban-rural differences have widened, marked by a deterioration in rural standards of living and increased alienation of rural political groups from urban alliances. At the same time, within the rural sector, reform failed to reverse rural egalitarianism. In addition, the nature of state interventions has undermined attempts to create a vibrant, productive private rural sector based on private farming. Wegren’s research is based upon extensive field work, interviews, archival documents, and published and unpublished source material conducted over a six-year period, and he demonstrates the link between agrarian reform and the success of overall reform in Russia. This learned and often controversial volume will interest political scientists, policy makers, and scholars and students of contemporary Russia.

"This book is the first effort to analyze the economics and politics of agricultural reforms by comparing the reform processes, their causes and their effects across this vast region. The authors draw on a vast set of studies and new data, which compare reforms and economic impacts in more than 25 countries. A series of conclusions and implications on the role of economic reforms in growth, and the importance of initial conditions and political constraints in explaining the choices that were made and their effects are discussed throughout the book."--BOOK JACKET.

Dragons with Clay Feet? presents state-of-the-art research on the impact of ongoing and anticipated economic policy and institutional reforms on agricultural development and sustainable rural resource in two East-Asian transition (and developing) economies—China and Vietnam. The contributions to this volume focus on the regional and sectoral impact of transformational policies, farm household decision making under a changing economic and institutional environment, and potential trade-offs between agricultural growth and sustainable land management in the two countries. The analysis of household responses to economic policies and changing institution, and their implications for agricultural production and sustainable resource use in East-Asian transition economies, is a relatively new research field. This collection by a group of Chinese, Vietnamese, and international researchers reflect the rapid progress that is being made in this important research field.

The book demonstrates that reform policies_including privatization of land and the shift from collective to individual farming_have a significant impact on agricultural growth, rural incomes, and poverty alleviation. The analysis spans more than 40 years of agricultural and rural development in Azerbaijan, based on country-level statistical data and original farm and household surveys.

By 1999, Russia's economy was growing at almost 7% per year, and by 2008 reached 11th place in the world GDP rankings. Russia is now the world's second largest producer and exporter of oil, the largest producer and exporter of natural gas, and as a result has the third largest stock of foreign exchange reserves in the world, behind only China and Japan. But while this impressive economic growth has raised the average standard of living and put a number of wealthy Russians on the Forbes billionaires list, it has failed to solve the country's deep economic and social problems inherited from the Soviet times. Russia continues to suffer from a distorted economic structure, with its low labor productivity, heavy reliance on natural resource extraction, low life expectancy, high income inequality, and weak institutions. While a voluminous amount of literature has studied various individual aspects of the Russian economy, in the West there has been no comprehensive and systematic analysis of the socialist legacies, the current state, and future prospects of the Russian economy gathered in one book. The Oxford Handbook of the Russian Economy fills this gap by offering a broad range of topics written by the best Western and Russian scholars of the Russian economy. While the book's focus is the current state of the Russian economy, the first part of the book also addresses the legacy of the Soviet command economy and offers an analysis of institutional aspects of Russia's economic development over the last decade. The second part covers the most important sectors of the economy. The third part examines the economic challenges created by the gigantic magnitude of regional, geographic, ethnic, religious and linguistic diversity of Russia. The fourth part covers various social issues, including health, education, and demographic challenges. It will also examine broad policy challenges, including the tax system, rule of law, as well as corruption and the underground economy. Michael Alexeev and Shlomo Weber provide for the first time in one volume a complete, well-rounded, and essential look at the complex, emerging Russian economy.