Farm Owners’ Interventions During Economic Crisis Cover Image

Działania Interwencyjne Właścicieli Gospodarstw Rolnych W Okresie Kryzysu Gospodarczego
Farm Owners’ Interventions During Economic Crisis

Author(s): Aleksandra Płonka
Subject(s): National Economy, Agriculture, Economic development
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: economic crisis; interventions; farms;

Summary/Abstract: This paper covers the issue of the effect of the economic crisis on farms organization. Research was conducted in the south of Poland, of which a certain portion has been presented to demonstrate the interventions undertaken by farm owners in light of the deteriorating economic situation. The research indicates that the choice of strategy for surviving the crisis, which shows in deteriorating management conditions, was determined by the farm type. Nevertheless, the most common decisions were about lowering consumption of current production assets and reducing capital-intensive investments. The spectrum of intervention measures undertaken by respondents in periods of economic crisis was therefore based mainly on temporary yet significant reduction of production costs in order to improve (or safeguard) short-term financial performance of a farm.

  • Issue Year: 16/2017
  • Issue No: 3
  • Page Range: 53-61
  • Page Count: 9
  • Language: English