Restrictions on farmland sales markets: a survey of international experience and lessons for Ukraine

Land market in Ukraine is yet emerging. Despite establishment of private property for land and 25 years of reforms, it is not fully functional. Its ‘rental’ arm has been the main farmland transaction channel for farmers and landowners. Its ‘sales and purchases’ arm is virtually dysfunctional due to the farmland sales moratorium that effectively prohibits sales transactions in the farmland market.