Land market in Ukraine : good or bad news?
Zadorozhna, Olha
Lately there has been a rising interest in land issues among development and agricultural economists. The main causes of concern are growing instances of land grabbing, rising food prices, climate change and positive population growth that increase demand for agricultural products. All of these make land policy be on the top of the list of priorities for policy-makers. Many developing economies as part of their food security programs are now seeking ways to enter markets of countries with abundant amounts of land suitable for agricultural production in order to produce food and then export it back home, and in this way combat the problem of food production deficit. In this respect, Ukraine with its extremely fertile black soils and suitable for agricultural production climate has been watched closely by the international community. The country is about to finish a land reform and create a market for agricultural land that has been absent for almost 20 years. Although many perceive creation of the land market as a positive thing for economic and social development of Ukraine, there are still lots of gaps in regulation and legal framework. The aim of this paper is to shed light on the way investors perceive creation of the land market in Ukraine conditional on political environment in the country.
Event: Annual World Bank Conference on Land and Poverty 2013
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