The collapse of communism in Romania held the promise of a revival of private, small-scale farming; however, the Romanian transition experience has not fulfilled these expectations. This book explores why farmers continue to place land in cooperative forms of farming when theory suggests that private farming is more productive, and whether there are efficiency gains to be had from cooperative farming endeavors.

Romania stands at the crossroads of Europe, Asia, and the Middle East. Since 1990, when the country experienced the bloodiest revolution of all of the Warsaw Pact members, Romania has gone through withering change. While the formal transition from a totalitarian, communist state was completed in 2007 with Romania’s accession into the European Union, the adaptation of the nation’s people and business climate to a market-based economy is a daily occurrence. In the 2000’s, in the lead up to EU accession, Romania was one of the largest recipients of Foreign Direct Investment in the world. While multinational corporations poured in hundreds of billions of dollars, there was also a restructuring of the way business was conducted. Western systems of management and organization—foreign to most Romanian academics and business people—almost overnight transformed the way the marketplace was perceived. Romania’s entrepreneurs were quick to adapt to the new ways, leveraging new opportunities in the environment. Fortunes were made. Multinationals also burgeoned in Romania. Companies like Microsoft, General Electric, Timken, Kraft, P&G, Renault and dozens of others successfully took advantage of the possibilities created by a relatively well-educated population that was moving into the middle class. For the most part, however, researchers and scholars were caught off guard by the quickening pace of business change in Romania. Only until very recently has the academic community at large been able to wade through the murkiness and begin to see what the new landscape looks like. It is the purpose of this edited volume, which includes the work of some of Romania’s finest business scholars, to provide even greater clarity to the current and future scene. Moreover, the experience in Romania helps shed light on the dynamics of economic and business transition throughout Eastern Europe, the Middle East, and other emerging regions, with implications for practice, policymaking, and research.

This book identifies, diagnoses and evaluates social and economic processes taking place in the rural areas of Central and Eastern Europe (CEE) states in the last 25 years and affecting the immediate future, with a particular focus on their spatial diversity. It addresses questions related to the rationality of the current development policy and possible results in the future. Contemporary processes of socio-economic development are typified by the fact that spatial and regional disparities are tending to increase. This unfavourable phenomenon manifested both in society and in terms of polarised space needs to be counteracted using an effective development policy. The book highlights issues concerning demography, functional structure and non-agricultural activity, and identifies new challenges arising from membership of the European Union (EU). Accession to the EU and the opportunity to implement support measures has further increased the dynamism of transformation – a process that proceeded under various scenarios and different regulations and assumptions that have yet to be identified and evaluated. Furthermore, the current internal policies of individual CEE states concerning rural areas are diverse and likely to affect differential future development. The book is based on the knowledge and experience of scientists from countries in the region investigated, who have the best understanding of the subject matter and have observed the transformations. It is intended for researchers exploring the development of the countryside and practitioners dealing with regional and national development policies targeting rural areas.