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Showing items 1 through 5 of 5.Recognition of the importance of institutions that provide security of property rights and relatively equal access to economic resources to a broad cross-section of society has renewed interest in the potential of asset redistribution, including land reforms.
Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, the empirical evidence on this phenomenon has been ambiguous at best.
Recognition of the potentially deleterious implications of inequality in opportunity originating in a skewed asset distribution has spawned considerable interest in land reforms.
Although opinions on impacts of land market transfers are sharply divided, few studies explore the welfare and productivity effects of land markets on a larger scale.
This paper presents such a stocktaking
of land reform and farm restructuring in four countries
(Azerbaijan, Bulgaria, Kazakhstan, and Moldova) that have
had particular difficulties with land reform, farm