In recent years, as a result of a strong demand for energy and other natural resources, Russia's economy has experienced impressive growth. Russia's re-emergence as a political and, particularly, economic power have allowed it to increase policy support to its agricultural sector. Russia's size,...

The MILC program, a counter-cyclical income support program, was designed to provide price support to dairy farmers. Since the inception of the MILC program it has been argued that the program is inefficient and rewards inefficiency by keeping high cost, small dairy farms in business. Large...

Dairy production in Ukraine, as well as worldwide, is an important sector of the economy which ensures the food security of the country. The Ukrainian dairy sector has many unsolved systematic problems, foremost of which is the decrease in cow productivity and the number of cows. This directly...

After the introduction of the new tobacco regime, many regions in Greece, formerly specialized in tobacco cultivation, are now facing serious threats of economic and social decline. Sheep farming is considered by many analysts as a viable alternative to tobacco. This study analyses the financial...

The country is facing one of the biggest challenges since its independence – the process of the EU accession. Taking into consideration that „forecasting important economic events is source of power“ (Howitt, 2005), the aim of this paper is to develop a model in order to assess the impact...

New policy measures have been introduced to transform Greece’s agriculture into a more modern and environmentally friendly agriculture. Adopting new technology and environmentally friendly production systems involves risk and uncertainty, which in turn stress the need for well designed policy...

Out of the attempts made at modernising the Hungarian society and economy in the era of socialism it was only the agricultural transition and development that has brought a long, internationally recognised success. The Hungarian agricultural model has become a point of reference for numerous...

The EU dairy sector is facing a period of significant changes that are due to three major decisions: the EU enlargement, the Luxemburg reform and on-going WTO negotiations. In this paper, we focus on the analysis of changes in both domestic and trade dairy policies using a spatial model of the...

In 1984, New Zealand introduced important policy reforms in order to address major macroeconomic and fiscal imbalances. New Zealand's support to agricultural producers rapidly decreased from 30 percent of the value of production to about 2 percent, and has remained the lowest among OECD...

Japan, with a population of about 125 million, is a major importer of agricultural products. Japan's mountainous topography limits the area available for farming, with a total cultivated land area of around 4.8 million hectares. Farm holdings are small, averaging just over 1.5 hectares. Japan...