Are Eastern European agricultural markets working? Beware of state-prescribed market interventions!
Thomas Glauben (),
Linde Götz (),
Oleksandr Perekhozhuk (),
Sören Prehn and
No 11e, IAMO Policy Briefs from Leibniz Institute of Agricultural Development in Transition Economies (IAMO)
Substantial danger exists that politically prescribed market interventions, designed to counter a supposed failure of the markets, will leave markets functioning worse rather than better. This is particularly true of Eastern European transition countries, where institutional regulations function only to a limited extent. Based on the findings of a variety of empirical studies that examine how Eastern European grain, dairy and meat markets are functioning, this policy brief strongly advocates restraint in the introduction of measures to regulate agricultural markets. Such regulations have high macroeconomic costs and may work counter to their objectives, which are designed to have popular appeal.
New Economics Papers: this item is included in nep-agr and nep-tra
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Working Paper: Are Eastern European agricultural markets working? Beware of state-prescribed market interventions! (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:iamopb:11e
Access Statistics for this paper
More papers in IAMO Policy Briefs from Leibniz Institute of Agricultural Development in Transition Economies (IAMO) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().