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This paper analyses the effects of decoupling (as introduced in the 2003 reform of the EU Common Agricultural Policy …
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The production structures of the majority of Mediterranean countries have traditionally been oriented towards the West European market. What effects will the southward enlargement of the EC have on the agricultural sector of the non-candidate Mediterranean countries? What can the EC do to...
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Direct payments were originally justified as a mechanism to compensate farmers for the income loss incurred due to reduced intervention prices. However, this rationale is not valid any more, and a new justification for basic income support by granting basic decoupled direct payments has been...
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This paper assesses the limitations that the Stability and Growth Pact has imposed on Italy’s economic recovery and its … debt reduction. By evaluating Germany’s fiscal policy since 1997, the paper offers recommendations for the Italian … authorities. Measures put forward by European Union institutions are hampering Italy’s economic recovery, and evidence indicates …
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