The introduction of the Common Agricultural Policy (CAP) of the European Union was an important step for Bulgaria and Romania. However, their administrative capacity for managing CAP instruments is still evolving, and they face challenges in delivering services that are crucial for implementing...

Differences in farm structures between Russia and western market economies can hardly be made consistent with the neoclassical textbook idea of a technologically determined farm size operating in a perfect market environment. The main aim of the paper is to identify embedded institutions that...