The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

Farming worldwide and national agricultural policies are in a profound crisis. Farmers everywhere are complaining about inadequate incomes. A large proportion of farms are threatened on both sides of the Atlantic, in the EC no less than in the USA. This situation has coincided with a period of...