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A General Overview of Agriculture and Profitability in Agricultural Enterprises in Central Europe

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Managing Agricultural Enterprises

Abstract

The agricultural sector traditionally plays an important role in the economy of Central European countries: Poland, Hungary and the Czech Republic. The three countries have different natural conditions and political backgrounds in spite of their common history as part of the Soviet bloc for more than forty years and as European Union member states since 2004. Despite all the differences, the three countries have some common problems to solve. One of them is rapid aging in the agricultural sector. The agricultural businesses suffer from a lack of capital and unfavourable loan conditions. Innovative farms, especially in horticulture, particularly in Poland, and large estates in crop production, primarily in Hungary and in the Czech Republic, are the most effective and profitable.

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Notes

  1. 1.

    In this book, we refer to Central Europe when analysing Poland , Hungary , and the Czech Republic . These 3 countries are included in our analyses due to the availability of these country studies in our international research project. Nevertheless, some other countries may be classified as Central European as well, especially Slovakia.

  2. 2.

    Based on the definitions given by Kovács (2015) and Merriam-Webster Online Dictionary.

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Kocsis, J., Major, K. (2018). A General Overview of Agriculture and Profitability in Agricultural Enterprises in Central Europe. In: Bryła, P. (eds) Managing Agricultural Enterprises. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-59891-8_12

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