Economics of Cooperative Farming

Economics of Cooperative Farming

Author: Ferenc Fekete

Publisher: Springer Science & Business Media

Published: 2013-06-29

Total Pages: 178

ISBN-13: 9401713790

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The present scientific and technical revolution has brought science into the range of the most effective forces of production. The formula "science= production force" applies also to the social sciences whose explorations of human relationships and drives have reached previously unsuspected depths. Objectives, such as higher living standards and full employment, economic growth and stability, social equity and security, have both called for and provided a basis for the exploitation of possibilities offered by the natural and technical sciences. In today's agriculture, age-old traditions are in the process of disintegra tion, but the heredity of a century (or that of even a millennium as in Hungary) does not get dissolved without defending itself. Technical progress and social restratification, the emergence of new scales of values and preferences, the adjustment of the rural communities to their new tasks and conditions - all these have transformed farm operations and farming techniques. But agriculture, even under its revolutionized surface, still hides deep, almost untouched layers. If economists and agriculturalists are perplexed by the multitude and variety of the visible farm problems, there exist many others about which they can only guess, which they must follow up. In formulating and solving these problems, agricultural economists have professional tasks: (1) facilitating the most efficient use of agricultural resources from the standpoint of the national economy, and (2) helping farmers and farm people to attain their stated, socially feasible objectives.


The Hungarian Agricultural Miracle?

The Hungarian Agricultural Miracle?

Author: Zsuzsanna Varga

Publisher: Rowman & Littlefield

Published: 2020-11-09

Total Pages: 355

ISBN-13: 179363436X

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This book examines Soviet agriculture in post-1945 Hungary. It demonstrates how the agrarian lobby, a development following the 1956 revolution, led to contact with the West which allowed for the creation of an effective agricultural system. The author argues that this ‘Hungarian agricultural miracle,’ a hybrid of American technology and Soviet structures, was fundamental to the success of Hungarian collectivization.


Vertical Co-ordanitaion in Transition Agriculture

Vertical Co-ordanitaion in Transition Agriculture

Author: Imre Fertő

Publisher:

Published: 2002

Total Pages:

ISBN-13: 9789639321618

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The agriculture is traditional risky business, but in transition countries agricultural producers should face some additional difficulties. The agri-food chains are still suffering from underdeveloped market institutions creating severe barriers for price discovery and high transaction costs to co-ordinate market exchanges. Co-operatives are usually neglected as a possible governance structure in recent empirical analyses. This study analyzes the advantages and limitations of cooperatives for establishing an appropriate vertical coordination forms in the framework of transaction cost economics. We present a case study to show that at the recent stage of development in Hungarian agriculture co-operatives can solve some problems arising from missing and embryonic market institutions. We argue that the co-operative is a good example, how an agricultural co-operative can achieve some of the potential advantages, solving many traditional TCE and agency problems and serving its members with a continuing growth.