Rural Development Strategy: Eastern Europe and Central Asia (World Bank Technical Paper: Europe & Central Asia Environmentally & Socially Sustainable Development)

by Csaba Csaki and Laura Tuck

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With the larger role that the agricultural sector plays in the Eastern Europe and Central Asian (ECA) region, emphasis must be placed on the sector's sustained growth and prosperity. The Bank strategy for rural development in the ECA region during the early phase of transition emphasized the reform of agricultural policies and assistance in privatizing, restructuring, and rebuilding agriculture and agro-industrial complexes. In retrospect, it can be seen that the ECA countries concerned made the right choice when they set their objective to transform their socialized agriculture into a private-ownership and market-based system. Given the developments of the past decade, it is clear, however, that the initial expectations for the outcomes of such reforms were overly optimistic. The transition process in agriculture is far more complex than originally envisaged by both the countries themselves and the international community, including the Bank. Increased social problems and alarming growth of poverty have added a new, unexpected, dimension to the transition process. As the analysis indicates, the region's rural economy is still struggling to adjust to new economic realities, and this will require further refinement and adjustment of the Bank's approach as well. This volume, based on an overview of recent regional developments, summarizes the revised World Bank assistance strategy for rural development in the ECA region.
  • ISBN10 6610087040
  • ISBN13 9786610087044
  • Publish Date 10 November 2000 (first published 13 September 2000)
  • Publish Status Active
  • Out of Print 20 March 2012
  • Publish Country US
  • Imprint World Bank Group
  • Format eBook
  • Pages 60
  • Language English