To Buy or Lease? Farm Revival in Eastern and Central Europe
Buying, selling and mortgaging farmland are still rare in Eastern and Central Europe. Not surprisingly, given the level of risk in many of these countries, short-term transactions, especially leasing, are more common. These short-term transactions do almost as well as land sales in allocating resources. Making them more secure by improving simple registration and enforcement systems and increasing public access to information on what is for rent and at what price would do much help revive the farm sector.
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| Main Author: | |
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| Language: | English |
| Published: |
World Bank, Washington, DC
1995-09
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| Subjects: | ACCESS TO INFORMATION, AGRICULTURE, COMMERCIAL BANKS, COMPARATIVE ANALYSIS, CONTRACT ENFORCEMENT, EMPLOYMENT, FARMLAND, FARMS, INCOME, INSURANCE, LAND CLAIMS, LAND MARKETS, LAND RIGHTS, LAND SALES, LAND TITLING, LAND TRANSFERS, LAND VALUE, LEASES, LEASING, MARKET VALUE, MORTGAGE LOANS, PRICE CEILINGS, PRIVATE OWNERSHIP, PRIVATIZATION, PROPERTY RIGHTS, PUBLIC LAND, REAL ESTATE, RENTS, SAVINGS, SHARECROPPING, TRANSITION ECONOMIES, URBAN LAND FARM MANAGEMENT, FARM SECTOR, RENT, LAND TITLES, INFORMATION DISSEMINATION, CADASTRAL SURVEYS, |
| Online Access: | http://documents.worldbank.org/curated/en/1995/09/441467/buy-or-lease-farm-revival-eastern-central-europe https://hdl.handle.net/10986/11654 |
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| Summary: | Buying, selling and mortgaging farmland
are still rare in Eastern and Central Europe. Not
surprisingly, given the level of risk in many of these
countries, short-term transactions, especially leasing, are
more common. These short-term transactions do almost as well
as land sales in allocating resources. Making them more
secure by improving simple registration and enforcement
systems and increasing public access to information on what
is for rent and at what price would do much help revive the
farm sector. |
|---|