Domestic and Trade Policy for Central and East European Agriculture
AbstractAfter a brief period of liberal agricultural policies, Central and East European (CEE) countries have begun to rely increasingly on price subsidies and trade restrictions. We outline the situation of CEE agriculture and describe current policies. Scarce government funds could be better used to support agriculture by providing partial loan guarantees, thus reducing private collateral requirements and making credit more widely available. This policy would provide income and not merely price insurance. In addition, it avoids the commodity bias associated with price policies. Others have argued that traditional price and trade policies should be used to support CEE agriculture, citing the example of OECD nations, and in particular the goal of joining the EC. We summarize and criticize these arguments.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 814.
Date of creation: Nov 1993
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Other versions of this item:
- Larry Karp & Spiro Stefanou, 1994. "Domestic and trade policy for Central and East European agriculture 1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 2(3), pages 345-371, 09.
- Karp, Larry S. & Stefanou, Spiro E., 1993. "Domestic And Trade Policy For Central And East European Agriculture," Working Papers 51110, International Agricultural Trade Research Consortium.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
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