Success and Failure of Reform: Insights from the Transition of Agriculture
Journal of Economic Literature
vol. 42,
no. 2, June 2004
(pp. 404-456)
Abstract
The paper analyzes the linkages between the reform strategies in transition countries and economic performance. We focus on agriculture because of the sharpness of the policy changes, fundamental differences among countries, and relative simplicity of agricultural relationships. We document post reform performance in the transition countries of Asia and Europe. We show how: a.) pricing reform and subsidy reductions; b.) land rights reform and policies that affect farm restructuring; and c.) the presence institutions that facilitate exchange (either markets or market substitutes) affect output and productivity. The paper ends with general lessons on reforms and transition.Citation
Rozelle, Scott, and Johan F.M. Swinnen. 2004. "Success and Failure of Reform: Insights from the Transition of Agriculture." Journal of Economic Literature, 42 (2): 404-456. DOI: 10.1257/0022051041409048JEL Classification
- O13 Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
- P21 Socialist Systems and Transitional Economies: Planning, Coordination, and Reform
- P32 Collectives; Communes; Agriculture
- Q10 Agriculture: General