Farm Debt in the CIS : A Multi-Country Study of the Major Causes and Proposed Solutions

The objective of this study is to support the farm privatization and restructuring process in the Commonwealth of Independent States (CIS) by presenting a wide range of strategic and tactical options that could be applied to eliminate, or at least reduce, the main factors responsible for the destructive accumulation of debt in large farm enterprises. This objective has accomplished by documenting and analyzing the indebtedness of large-scale farms in five countries of CIS (Belarus, Kazakhstan, Moldova, Russia, and Ukraine) developing appropriate proposals, and initiating a dialogue with the government on the subject of farm debt resolution. The study presents a region-wide analysis of the farm debt problem based on data collected from selected countries in CIS, and develops proposals for the respective countries as well as for the region as a whole.

Bibliographic Details

Main Authors:	Csaki, Csaba, Lerman, Zvi, Sotnikov, Sergey
Language:	English en_US
Published:	Washington, DC: World Bank 2001-05
Subjects:	ACCOUNTABILITY, ACCOUNTING, AGRICULTURE, BANK ACCOUNTS, BANK LENDING, BANK LOANS, BANKING SECTOR, BANKRUPTCY, BANKRUPTCY COURTS, BANKRUPTCY LAWS, BOOK VALUE, BORROWING, BUDGET CONSTRAINTS, CERTAIN EXTENT, COMMERCIAL BANKS, COMPARATIVE ANALYSIS, COMPETITIVENESS, CONSUMER PRICE INDEX, CONSUMERS, CPI, CURRENT ASSETS, DEBT, DEBT RESTRUCTURING, DEVALUATION, DEVELOPMENT ECONOMICS, DEVELOPMENT STRATEGY, ECONOMIC CONDITIONS, ECONOMICS RESEARCH, ECONOMISTS, EMPIRICAL INFORMATION, EMPLOYMENT, EXPENDITURES, FARM CREDIT, FARMS, FINANCIAL INSTITUTIONS, FINANCIAL RATIOS, FINANCIAL TRANSACTIONS, GDP, GOVERNMENT INTERVENTION, HARD BUDGET CONSTRAINTS, HUMAN DEVELOPMENT, INCOME, INDEXATION, INFLATION, INSURANCE, INVENTORIES, LEVIES, LIQUID ASSETS, LIQUIDATION, LOCAL COUNCILS, LOCAL GOVERNMENT, MACROECONOMIC REFORM, MARKET ECONOMIES, MARKET INSTRUMENTS, MICROFINANCE, OIL, PENALTIES, POLICY INSTRUMENTS, POVERTY ALLEVIATION, PRIVATIZATION, PRODUCERS, PRODUCTION COSTS, PRODUCTION EFFICIENCY, PRODUCTIVITY, PROFITABILITY, REORGANIZATION, RISK TAKING, SAFETY NETS, SOCIAL SERVICES, SOFT BUDGET CONSTRAINTS, SUSTAINABLE DEVELOPMENT, TERMS OF TRADE, TRANSITION ECONOMIES, TRANSPARENCY, TRANSPORT, WAGES,
Online Access:	http://documents.worldbank.org/curated/en/2001/05/1490146/farm-debt-cis-multi-country-study-major-causes-proposed-solutions https://hdl.handle.net/10986/13959
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