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Negotiations on agriculture have for a long time been the centre piece and the stumbling block of the Uruguay Round. While the EC has had to bear the brunt of public criticism, the US has clearly contributed its fair share to bringing about the present unsatisfactory state of affairs. This...
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inadequate incomes. A large proportion of farms are threatened on both sides of the Atlantic, in the EC no less than in the USA … steeply both in the EC and in the USA. The question arises how much of this farm spending benefits farmers. …
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After protracted negotiations, the EC Ministers of Agriculture agreed on a reform of the Common Agricultural Policy on July 1st. Will this reform solve the fundamental problems plaguing the common agricultural market? Is it compatible with the GATT?
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The recent reform of the EC's Common Agricultural Policy is likely to be only the beginning of the adjustments which will be necessary in the near future. Accession applications by various EFTA countries are pending. At the same time Eastern Europe desperately needs assistance from Western...
Persistent link: https://www.econbiz.de/10011547027
Before the European summit in February 1988, EC agricultural policy was being criticized by almost all those affected. Farmers complained about low incomes and the lack of prospects, consumers and taxpayers about the high cost of agricultural support, politicians about spending commitments that...
Persistent link: https://www.econbiz.de/10011548422
The world markets for agricultural products are in a state of crisis. This is manifested in phenomena such as record surpluses, falling incomes for farmers and constantly increasing agricultural expenditure in a number of industrial countries while, at the same time, people go hungry in many...
Persistent link: https://www.econbiz.de/10011550815
In the intense political debate on the reform of the Common Agricultural Policy there is a high degree of consensus that the present rates of production growth must be stopped and structural surpluses dismantled. On the other hand, there is broad agreement that the structural adjustment of...
Persistent link: https://www.econbiz.de/10011550883