Rural Development Programmes and Transaction Effects: Reflections on Maltese and English Experience
基于马耳他和英国的经验，研究欧盟农村发展政策中的交易效应，发现精心设计的交易过程能带来超出短期成本的收益，对政策制定和评估有参考价值。
Abstract New institutional economics, and transaction effects in particular, are highly relevant to public policy performance. The evolution of EU rural development policy has generated both increasing complexity and increased transaction costs. However, this policy evolution also creates opportunities for improvement of policy process management. The paper considers these opportunities in the case of Rural Development Programmes ( RDP s) under Pillar 2 of the CAP . We examine the influence of transaction effects on RDP performance, based on direct experience of RDP review and planning in England and Malta, where qualitative evidence of ‘transaction benefits’ is identified. Benefits occur when exchange processes are designed in ways that generate positive returns beyond the immediate transaction, which can outweigh short‐term costs. We conclude that more attention to these aspects of policy design is warranted in future rural development programming and evaluation.