The food industry is one of the most important sectors in the Latvian economy. However, due to its close links to agriculture, the structural crisis in the processing sector is the main obstacle to increasing output, productivity and profitability in the entire agricultural sector. Based on the...

From 1990 to 1994 the economic and political process of disintegration within the Russian Federation halved the domestic trade of grain between the various regions and caused significant reductions in the production. From European economic history and the experience of several developing...

"The common property ocean fishery is often cited as an example of economic inefficiency in production. The usual recommendation is to restrict entry of fishermen so that 'incomes' of those remaining are improved. Such logic would seem to indicate that the economic theory of common property...