The transformation of Central and Eastern European agriculture started almost a decade ago. Looking back, it can be seen that the countries concerned made the right choice in setting their overall goals and policies for transition to a market economy, but the social costs have been high. Under the present economic and political conditions in the region, there is no alternative to the creation of a market economy based on private ownership. However, given the developments of the past eight years, it is clear that the initial expectations for transformation were overly optimistic and the transition process is far more complicated and complex than anyone imagined in 1991. The region's agrarian economy is still struggling to adjust to economic reality. This volume presents a fascinating overview of social assessments carried out in Central Asia and Turkey as they relate to the preparation of World Bank agricultural projects designed to support the transition of agriculture from a socialist, or semi-feudal, system to a modern market-conforming system.
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Paper provided by World Bank - Technical Papers in its series Papers with number
461.
Find related papers by JEL classification: Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East