Lessons Learnt from the Emerging Land Markets in
Central and Eastern Europe
by Peter Dale and Richard Baldwin
Key words:
Abstract
This paper reports on the findings of a study into
land markets in central and eastern Europe carried out under the
Action for Co-operation in the field of Economics (ACE) programme of
the European Union (EU) which was carried out during 1997 and
completed in the first part of 1998. It examines progress in six
countries en route from a command driven economy to a market based
economy that is compatible with the requirements of membership of the
European Union. The investigation involved detailed case studies in
the Czech Republic, Hungary, Latvia, Poland, Slovakia, Slovenia and
sought to identify those elements that are necessary for an effective
and efficient land market. This led to the establishment of a three
pillar model of the land market and a set of indicators for the
assessment of land market development. The paper tries to identify the
bottlenecks that may hinder land market development and summarises the
findings of the comparative assessment in the study countries and
their progress to reform. Finally, it makes a series of policy level
recommendations aimed at the establishment of stable, efficient land
markets able to support general economic development and the
anticipated needs of EU entry.
Professor Peter Dale
University College London
Tel. + 44 171 504 2745
Fax. + 44 171 380 0453
E-mail: pdale@ge.ucl.ac.uk
Dr. Richard Baldwin
GIS/LIS Projects Director
BlomInfo A/S
E-mail: Richarolin@aol.com
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