Economic Assessment of Land Retirement in a Transition Economy: a Study Case of Ukraine

This case study will focus on valuing degraded land conservation and assessment of the potential costs and benefits of large scale land retirement within the transition economy of Ukraine. The assessment methods will follow the framework developed to estimate costs and benefits of Conservation Reserve Program. The results of the economic assessment would increase the understanding of the efficient allocation of resources and would lead to developing a market-based approach to agricultural land retirement in transition economy.