Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...

The European Agri-Environmental Measures (AEMs) have a relevant role in encouraging a sustainable resources use and developing environmentally-friendly farming practices. AEMs account for more than half of the rural development budget of the Common Agriculture Policy. However, despite their...

Exchange rates were heavily distorted under the central planning system in Central and Eastern Europe and are still adjusting in the transition process. The use of nominal exchange rates introduces a bias for international price comparisons and in calculations based on them. We present various...