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The Economic Activity of Private Farms in Romania during Transition. Just how competitive are they?

  • Junior R Davis
  • Angela Gaburici

In this paper we attempt to avoid the usually legalistic approach to surveys of farm reform and the development of a viable private farming sector in transition economies. Instead, we argue that a better understanding of the Romanian private farming sector and its interaction with the rural financial market is gained where broader economic, demographic, sociological and political factors are incorporated in the analysis. Therefore this paper discusses the main characteristics of private farming in Romania in the context of the aforementioned factors. Finally, we evaluate the financial performance and competitiveness of private farms and the severity of the economic problems they face in Romanian agriculture.

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File URL: http://www.sml.hw.ac.uk/downloads/cert/wpa/1998/dp9807.pdf
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Paper provided by Centre for Economic Reform and Transformation, Heriot Watt University in its series CERT Discussion Papers with number 9807.

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Date of creation: 1998
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Handle: RePEc:hwe:certdp:9807
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  1. J.R. Davis & P.G. Hare, 1997. "Reforming the Systems of Rural Finance Provision in Romania: Some Options for Privatisation and Change," CERT Discussion Papers 9713, Centre for Economic Reform and Transformation, Heriot Watt University.
  2. Heidhues, Franz & Davis, Junior R & Schrieder, Gertrud, 1998. "Agricultural Transformation and Implications for Designing Rural Financial Policies in Romania," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 25(3), pages 351-72.
  3. Junior R Davis & Angela Gaburici & Paul G. Hare, 1998. "What's Wrong with Romanian Rural Finance? Understanding the Determinants of Private Farmers' Access to Credit," CERT Discussion Papers 9808, Centre for Economic Reform and Transformation, Heriot Watt University.
  4. Pederson, Glenn D. & Khitarishvili, Tamar, 1997. "Challenges Of Agricultural And Rural Finance In Cee, Nis And Baltic Countries," Working Papers 14358, University of Minnesota, Center for International Food and Agricultural Policy.
  5. G. Schrieder & F. Heidhues, 1997. "Access Constraints of Romanian Peasants in Relation to the Formal Financial Sector," CERT Discussion Papers 9712, Centre for Economic Reform and Transformation, Heriot Watt University.
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