Delhi Business Review
  • Year: 2011
  • Volume: 12
  • Issue: 2

The impact of the global financial and economic crisis on the agro-food sector of central and eastern european and central asian countries

  • Author:
  • J. Popp1a,1b, N. Potori2, R.G. Garay3, Erika Dobo4, Mahesh Kumar Singh5a,5b, Ajay Kumar Singh6
  • Total Page Count: 16
  • Page Number: 67 to 82

1aDeputy Director General, Research Institute of Agricultural Economics (AKI), Budapest, Hungary

2Head of Department & Director, Research Institute of Agricultural Economics (AKI), Budapest, Hungary

3Research Scholar. Agricultural Policy Department Research Institute of Agricultural Economics (AKI), Budapest, Hungary

4Doctoral Student, Szent Istvan University, Godollo, Hungary.

5a Professor, Szent Istvan University, Godollo, Hungary

6 Coordinaor. MHROD, Department of Commerce, Delhi School of Economics, University of Delhi, Delhi, India and Hony. President. Governing Body - Society for Human Transformation and Research, Delhi School of Professional Studies and Research, (Approved by AICTE and affiliated to GGS Indraprastha University), India.

5bDirector, Tata Consultancy Services.

1bProfessor and Vice Dean, Faculty of Applied Economics and Rural Development, University of Debrecen, Debrecen, Hungary.

Online published on 7 December, 2012.

Abstract

This paper assesses the impacts of the global financial and economic crisis on the agro-food sector ofCentral and Eastern European, Caucasus and Central Asian countries on the basis of research conducted in Hungary, Ukraine, Armenia and Kyrgyzstan. It summarises the results of a study of which the objective was to propose policy options to the Food and Agriculture Organisation of the United Nations and other public authorities which can be applied to lessen the undesirable effects of the current or future crises in the sector. Results of interviews of stakeholders were analysed in the context of primary economic data and policy recommendations were formulated.

Keywords

Financial and Economic Crisis, Agro-food Sector, Central and Eastern Europe, The Caucasus and Central Asia