Social impact of large scale agro-investments in the FSU : lessons from Ukraine's experience
Gazizullin, Ildar
The author shows that large-scale agro-investments in Ukraine have net positive social outcomes for the local communities. Particularly, welfare gains for pensioners, the largest and one of the most socially vulnerable groups of the land owners, are observed. Yet investment project outcomes for the local communities could be further maximized. Land owners have weak negotiating power which leads to suboptimal social outcomes. Inadequate negotiation procedures and outcomes harm both investors and owners when conflicts over land use arise. Recommendations on strategies to improve the investment outcomes are provided for different stakeholders.
Event: Annual Bank Conference on Land Policy and Administration
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