To Buy or Lease? Farm Revival in Eastern and Central Europe

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...

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Bibliographic Details
Main Author: Razzaz, Omar
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
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
http://hdl.handle.net/10986/11654
Description
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.

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