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The Pitfalls of Transition: Crowding Out the “National Virtues” AgEcon
Miljkovic, Dragan.
In this paper a view is advanced that explains why the transition to markets did not always lead to the outcomes predicted by the Washington Consensus type strategies. Institutional portfolio theory is used to define a myriad of interests and goals of a transition economy. A model is developed in which external intervention and increased external monitoring are shown to lead to lessening of the intrinsic motivation within transition economies to pursue the reforms as prescribed by Washington Consensus sometimes resulting in very slow growth rates or even a decline of the GDP.
Tipo: Conference Paper or Presentation Palavras-chave: External monitoring; Institutional change; Intrinsic motivation; Portfolio theory; Washington consensus; Institutional and Behavioral Economics; P21; O43.
Ano: 2007 URL: http://purl.umn.edu/8520
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Consequences of the CAP reform on the environment and nature conservation Results of an empirical study in Germany AgEcon
Kantelhardt, Jochen; Ganzert, Christian; Kramer, Christine.
The Common European Agricultural Policy (CAP) reform not only has an impact on agriculture but also has significant effects on nature and the environment. This is specifically caused by decoupling direct payments from agricultural production, which will increase the market orientation of agriculture and by implementing cross compliance. A number of key aspects promoting a future environment-friendly development of the CAP are suggested, based on an empirical analysis of the impact of this reform in eight German regions. In particular, we recommend the coupling of direct payments with the provision of environmental and social welfare services as well as the installation of a long-term monitoring system to enhance the understanding of the links between...
Tipo: Conference Paper or Presentation Palavras-chave: Reform of the Common European Agricultural Policy; Decoupling of direct payments; Cross compliance; Regional embeddedness of farmers; Intrinsic motivation.
Ano: 2008 URL: http://purl.umn.edu/36857
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