Georgia land market development project

A two-pronged agricultural land reform was devised in Georgia to move toward a market- oriented economy, one prong being the distribution of land parcels of up to 1.25 hectares in ownership to rural families (the “small parcel” approach), and the second being the leasing of the remaining state-owned land in larger allotments to physical and legal entities. The land reform program was intended to create a self-maintaining sector of subsistence-oriented small farmers and a market-oriented sector controlled by larger leaseholders.