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The new plenty; why are some post‐Soviet farms thriving?
Author(s) -
Wengle Susanne A.
Publication year - 2020
Publication title -
governance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.46
H-Index - 76
eISSN - 1468-0491
pISSN - 0952-1895
DOI - 10.1111/gove.12456
Subject(s) - thriving , soviet union , productivity , agriculture , production (economics) , agricultural productivity , corporate governance , economic recovery , economic policy , business , economics , development economics , political science , economic growth , geography , finance , sociology , law , archaeology , politics , keynesian economics , macroeconomics , social science
Abstract In the 1990s, rural economies in many post‐Soviet countries suffered from a staggering decline in production and from outmigration. Over the last 10 to 15 years, some agricultural producers in the former Soviet Union have managed to reverse decline: they have updated production facilities, improved productivity, and increased production and exports. These trends are uneven, as some farmers in some countries are thriving, while others are on the brink of economic collapse. What are the conditions for recovery—for the “new plenty”? This article will argue that targeted and flexible public support to specific rural producers, combined with the recovery of demand in other post‐Soviet countries made rural recoveries possible. These findings suggest that conditions for recovery have materialized from within the post‐Soviet region, rather than being dependent on a transition toward particular type of “good” governance institutions and access to markets in the European Union.