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A Holistic Approach for Assessing the System of Governance of Agrarian Sustainability

Hrabrin Bachev ()

Journal of Economic and Social Thought, 2016, vol. 3, issue 3, 434-457

Abstract: Despite its importance research on the governance of agrarian sustainability is still at the beginning stage due to the “newness” of the problem, emerging new challenges, fundamental modernization during recent years, “lack” of long-term experiences and relevant data, application of narrow (certain form or management level); one-dimensional, unisectioral, normative, without transaction costs etc. approaches. The goal of this paper is to suggest a modern and practical framework for analyzing and assessing the system of governance of agrarian sustainability. New interdisciplinary New Institutional Economics framework is incorporated and agrarian sustainability property defined, principle mechanisms and modes of governance (institutions, market, private, public, hybrid). of agrarian sustainability classified, and a holistic approach for identifying components and factors, assessing efficiency, and improving the system of governance presented. Suggested framework is to be further discussed and improved while its application requires new type of micro and macro-economic data for agrarian agents’ preferences and behavior, activities and efficiency of farming organizations, effects and impacts on social, community and natural environment, etc.

Keywords: Agrarian sustainability; Market; Private; Public governance. (search for similar items in EconPapers)
JEL-codes: Q01 Q12 Q13 Q15 Q18 Q51 Q56 (search for similar items in EconPapers)
Date: 2016
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