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Diane Publishing Books
Livestock Sectors in the Economies of Eastern Europe & the Former Soviet Union: Transition From Plan to Market & the Road Ahead
Nancy Cochrane (ed). Examines the restructuring of the livestock sectors in: Russia, Ukraine, Poland, Hungary, & Romania. They all experienced a decline in both animal inventories & meat output during the early years of transition away from a centrally planned economy. Five general equilibrium models were developed which depicted the economies of each nation. The models were used to evaluate capital invest. at different stages of production; the rise in land prices that would result from a better functioning land market; reduced marketing costs; increased availability of credit; & the creation of off-farm employment to draw labor out of ag. Identifies potential trade & invest. opportunities. This potential depends on the successful implementation of institutional & policy reforms.
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