This paper uses valuation data from Quotable Value New Zealand to examine changes in the value of the rural land in New Zealand between 1989 and 2003. The value of rural land reflects the profitability of agriculture as well as the returns to alternative land uses, and has a large impact on the...

1. European management experience may cause failures in Russia, where land is cheap and, because of that, managerial priorities and tools are different. 2. The managerial practice and education of managers in Russia should be adjusted to the conditions of low land price. In present situation...