The authors review the role of land policies in the evolving farm structure of transition countries in Central and Eastern Europe (CEE) and the Commonwealth of Independent States (CIS). They show how different policies for land property rights, degrees of control of land rental and sale markets,...

Basic principles of the Translation Costs Economics have been incorporated to the agrarian economy. Agrarian transactions have been put on the centre of economic analysis. Critical dimensions of agricultural transaction have been determined. Structure of costs for alternative governance modes of...

Inefficiencies in agriculture in Eastern and Central Europe and the Soviet Union contributed to the financial collapse of the socialist system. Yet during the transition, agricultural production has declined. Low profits, high real interest rates, slow progress in reforms in some countries, and...