Farms in Tajikistan currently face a severe debt crisis that has been caused by a combination of two factors typical of such situations in many countries: (a) the inability of the farms to make a profit under current conditions and (b) continued lending by the banks to cotton producers...

The paper examines agricultural production and productivity growth in two Central Asian countries – Tajikistan and Uzbekistan. Both countries are characterized by a significant shift of resources from the traditional Soviet model of collective agriculture to more market-compliant individual...

The book demonstrates that reform policies_including privatization of land and the shift from collective to individual farming_have a significant impact on agricultural growth, rural incomes, and poverty alleviation. The analysis spans more than 40 years of agricultural and rural development in...