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 (intervention price cut, voluntary production quota buyout,...