Abstract

The economic importance of agricultural sector in Slovakia declined during transition period. There are several reasons for this: declining terms of agricultural trade, extreme weather, transformation of agricultural sector, unclear property rights in transition period, short-run privatization distortions, transformation of up and downstream sectors, world market fluctuation, decline of real wages, low stability of agricultural policy and other. The development in economic market was paralleled by activity in political market. After initial liberalization, agricultural protection subsequently increased. The EU accession influences both levels of protection as well as instruments of agricultural policy.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.