[PDF.48is] The Common Agricultural Policy of the European Community: Principles and Consequences (Occasional Paper (Intl Monetary Fund))

The Common Agricultural Policy of the European Community: Principles and Consequences (Occasional Paper (Intl Monetary Fund))

[PDF.ap21] The Common Agricultural Policy of the European Community: Principles and Consequences (Occasional Paper (Intl Monetary Fund))

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 | #2900246 in eBooks |  1988-11-25 |  1988-11-25 | File type: PDF

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This paper reviews principles and consequences of the Common Agricultural Policy (CAP) of the European Community. The paper highlights that the CAP has come under increasing criticism in recent years. By shielding farmers from market forces at a time of rapidly rising productivity, it has generated growing surpluses and imposed a heavy burden on the European Community in terms of both the overall allocation of resources and the financial costs to the common budget. It ha...

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