As a consequence of land privatization the land supply became abundant in Hungary. Many of those who bought land for compensation bonds and were not active in agriculture rented it for agricultural cooperatives and companies. Owing to the great land supply and low agricultural incomes, rents are...

We scrutinise in this paper the systemic consequences of state intervention triggered by external shocks for the dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global crisis. We interpret investment dynamics in a comparative...