World Bank Discussion Papers

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Informal documents that present unpolished results of research or country analysis. They are circulated to encourage discussion and comment. Papers for which rapid publication is particularly important were often issued in this series. This series was superseded by the World Bank Working Papers series in 2003 and the World Bank Studies series in 2010.

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    Farm Debt in the CIS : A Multi-Country Study of the Major Causes and Proposed Solutions
    (Washington, DC: World Bank, 2001-05) Csaki, Csaba; Lerman, Zvi; Sotnikov, Sergey
    The objective of this study is to support the farm privatization and restructuring process in the Commonwealth of Independent States (CIS) by presenting a wide range of strategic and tactical options that could be applied to eliminate, or at least reduce, the main factors responsible for the destructive accumulation of debt in large farm enterprises. This objective has accomplished by documenting and analyzing the indebtedness of large-scale farms in five countries of CIS (Belarus, Kazakhstan, Moldova, Russia, and Ukraine) developing appropriate proposals, and initiating a dialogue with the government on the subject of farm debt resolution. The study presents a region-wide analysis of the farm debt problem based on data collected from selected countries in CIS, and develops proposals for the respective countries as well as for the region as a whole.