Just like different parts of the general examine, this reprt isn't in line with combination records. in its place, it provides an empirical photo of the transition in imperative and jap Europe as considered on the farm point, throughout the eyes of personal farmers and executives of reorganizing farm organisations. those empirical findings, due to their large cross-country base and the potential for comparability with the previous Soviet Union, will offer new insights into the method of transition.
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Additional resources for Farm Restructuring and land tenure in reforming socialist economies: a comparative analysis of Eastern and Central Europe (286)
A maximum of 10% of the nominal value of the assets was to be allocated to the present members as "Members' Certificates". The remaining assets would be distributed among the three categories of present and former members: (1) active, (2) retired, and (3) former members, now called "outsiders", or their heirs, taking into account the length of membership, their position in the cooperative and the amount of assets contributed at the time when the cooperative was established. The members would receive their part of the common assets in share paper, which they could convert and take out during the transitional period.
A person with compensation vouchers worth 120,000 Fts. can therefore acquire about 11 ha of land in rural areas and less than two ha near towns. In most parts of the country the frost round of auctions has been held, with two more to come. The first two auctions are exclusively for owners of compensation vouchers. The third will be open to all. At every auction, one third of the total area assigned for compensation will be auctioned. Land left over after one auction is transferred to the next. By early 1993, only about one−third of the persons who claimed compensa−soft tion had got their vouchers.
Farm Restructuring and Land Tenure in Reforming Socialist Economies compensated (30%), and those who work (or worked) on the farm (20%). A transformation plan can transform the cooperative farm into a number of alternative structures. The Privatization Law , whereby any adult citizen of the Czech and Slovak Republic has the right to buy stock shares of a state enterprise being privatized with coupons sold by the government, applies also to state farms. " A wave consists of more than one round for the selling the shares.
Farm Restructuring and land tenure in reforming socialist economies: a comparative analysis of Eastern and Central Europe (286)