Elbehri, Aziz; Umstaetter, Johannes; Kelch, David R. - Economic Research Service, Department of Agriculture - 2008
The European Union’s sugar policy, in place since 1968, underwent its first major reform in 2005 in response to … mounting and unsustainable imbalances in supply and demand. The reform, however, targeted only a few policy instruments … the reform’s impact is limited, compared with more far-reaching alternatives, particularly when the oligopolistic nature …