Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU land markets; in particular the capitalization of the...

This Policy Brief provides recommendations for agricultural policy reform in the EU. It argues, first, that all measures that distort market prices and production should be abolished. This includes production quotas, land set-asides, storage aids, export refunds, output payments, and area...

Decoupled direct payments were introduced in the European Union (EU) by the 2003 CAP reform in form of the Single Payment Scheme (SPS) and the Single Area Payment System (SAPS). The 2013 CAP reform changed both the implementation of decoupled payments as well as its budget. We assess the...

As the Doha negotiations are at a dead end, this paper takes a step back to address the future direction of WTO disciplines in agriculture. It puts members' negotiating positions and the draft modalities with their ever growing list of exceptions aside to focus on three fundamental questions....

Developing countries have been demanding substantial reduction in trade distorting domestic support to agriculture given by the developed countries. On the other hand, under the existing rules of the Agreement on Agriculture (AoA) many developing countries lack policy space to implement price...

The dynamic nature of changes in the macroeconomic environment and various views of Member States on the future of the Common Agricultural Policy in the European Union cause that its shape is usually a result of various forces and factors. They are both, exogenous, related to the situation on...