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Farm Debt in the CIS : A Multi-Country Study of the Major Causes and Proposed Solutions

Author

Listed:
  • Csaba Csaki
  • Zvi Lerman
  • Sergey Sotnikov

Abstract

The objective of this study is to support the farm privatization and restructuring process in the Commonwealth of Independent States (CIS) by presenting a wide range of strategic and tactical options that could be applied to eliminate, or at least reduce, the main factors responsible for the destructive accumulation of debt in large farm enterprises. This objective has accomplished by documenting and analyzing the indebtedness of large-scale farms in five countries of CIS (Belarus, Kazakhstan, Moldova, Russia, and Ukraine) developing appropriate proposals, and initiating a dialogue with the government on the subject of farm debt resolution. The study presents a region-wide analysis of the farm debt problem based on data collected from selected countries in CIS, and develops proposals for the respective countries as well as for the region as a whole.

Suggested Citation

  • Csaba Csaki & Zvi Lerman & Sergey Sotnikov, 2001. "Farm Debt in the CIS : A Multi-Country Study of the Major Causes and Proposed Solutions," World Bank Publications - Books, The World Bank Group, number 13959.
    • Handle: RePEc:wbk:wbpubs:13959
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    Citations

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    Cited by:

    1. Koester, Ulrich, 2007. "Super-large Farms: The Importance of Institutions," 102nd Seminar, May 17-18, 2007, Moscow, Russia 10018, European Association of Agricultural Economists.
    2. World Bank, 2004. "Achieving Ukraine's Agricultural Potential : Stimulating Agricultural Growth and Improving Rural Life," World Bank Publications - Reports 14377, The World Bank Group.
    3. Nora Dudwick & Karin Fock & David Sedik, 2007. "Land Reform and Farm Restructuring in Transition Countries : The Experience of Bulgaria, Moldova, Azerbaijan, and Kazakhstan," World Bank Publications - Books, The World Bank Group, number 6685.
    4. Lerman, Zvi, 2001. "Perspectives On Future Research In Central And Eastern European Transition Agriculture," Discussion Papers 14975, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    5. Lerman, Zvi & Sedik, David & Pugachov, Nikolai & Goncharuk, Aleksandr, 2007. "Rethinking agricultural reform in Ukraine," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 38, number 92325.
    6. Stange, Henriette & Lissitsa, Alexej, 2003. "Russischer Agrarsektor Im Aufschwung? Eine Analyse Der Technischen Und Skaleneffizienz Der Agrarunternehmen," IAMO Discussion Papers 14913, Institute of Agricultural Development in Transition Economies (IAMO).
    7. Marian Rizov, 2005. "Does individualization help productivity of transition agriculture?," Agricultural Economics, International Association of Agricultural Economists, vol. 33(2), pages 215-227, September.
    8. Stange, Henriette & Lissitsa, Alexej, 2003. "Russischer Agrarsektor im Aufschwung? Eine Analyse der technischen und Skaleneffizienz der Agrarunternehmen," IAMO Discussion Papers 52, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).

    More about this item

    Keywords

    Finance and Financial Sector Development - Financial Intermediation Urban Development - Municipal Financial Management Banks and Banking Reform Economic Theory and Research Environmental Economics and Policies;

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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