This book presents a new model for private land ownership to promote the efficiency and competitiveness of farms; to consolidate and enlarge fragmented small farms persisting in Asia, the Pacific, Africa, Latin America, Central, Eastern and Southern Europe; to help preserve small farmers while strengthening large farmers in the USA and other OECD countries; and to facilitate the transition of collectively operated large farms in the CIS and CEECs. It also introduces China's experience with public land ownership. It makes important contributions to both new institutional economists and...