Journal of Advances in Economics and Finance

Download PDF (286.4 KB) PP. 25 - 28 Pub. Date: February 1, 2019

DOI: 10.22606/jaef.2019.41003

• Shengquan Che^*
  Vice Director Bulgaria Center, Vice Dean School of Design, Shanghai Jiao Tong University

Around the globe the understanding and assessment of the sustainability of farming enterprises is among the most topical academic and practical issues. Despite its importance there are few profound studies on sustainability of different types of farming enterprises during European Union Common Agricultural Policy (EU CAP) implementation. This book review tries to present and assess a recently published book called “Sustainability of Farming Enterprises in Bulgaria” by one of the biggest academic publishers in the world and written by an internationally recognized expert in the area - Professor Hrabrin Bachev of the Institute of Agricultural Economics in Sofia, Bulgaria. In this book, the author suggests a practical and holistic approach for assessing the sustainability of farming enterprises in the conditions of EU CAP implementation in Bulgaria. He incorporates the later developments in the area and suggests an interdisciplinary, holistic and practical approach for assessing the sustainability of farming enterprises. Particularly, he successfully includes “new” important governance and institutional aspects in the overall sustainability assessment. The first of its kind evaluation is made on integral, governance, economic, social and environmental sustainability of farming enterprises of different juridical type, size, production specialization, and ecological and geographical location in the country. Critical components enhancing or compromising the aspects and overall sustainability of farming enterprises of diverse type are also identified and perspectives for farming development in Bulgaria envisaged. In conclusion directions for further research as well as for amelioration of farm management and public intervention in the sector are elaborated. The suggested approach could be easily adapted and used by farmers and other interested parties in the country and abroad. This work is a must read and further expands on the previous studies in this important and rapidly evolving area.

Agrarian governance, sustainability, institutional environment, market, private, collective, hybrid modes, Bulgaria

[1] H. Bachev, Sustainability of Farming Enterprises in Bulgaria, Cambridge Scholars Publishing, Published: August 1, 2018, Hardback: 230 pages (A5), Language: English, ISBN (10): 1-5275-1126-X, ISBN (13): 978-1-5275-1126-2 https://www.cambridgescholars.com/sustainability-of-farming-enterprises-in-bulgaria