This paper reviews the strong pre-crisis economic growth in the new EU member states and assesses whether the growth model can continue to be successful after the crisis. The analysis shows that a new growth model for the region will be needed, ideally one that focuses on raising domestic...

During the process of the budgetary review the CAP faces its greatest challenge of its history: not only the (common) financing of the CAP, but the future of the CAP itself is at stake. It is obvious that the reform steps implemented so far – even though they have several forward-looking...

As regards EU accession of Hungary one of the most important questions is how the adaptation of the Common Agricultural Policy (CAP) will affect the competitiveness of the Hungarian agriculture. Competitive effects of CAP can be revealed in several ways (quantitative, comparative analysis,...

Can we agree fully with the statement, that “agricultural spending is a major distorting factor in the EU economy and a distinct obstacle to the Lisbon agenda’s implementation”? (Gros, 2008) Is it without question that Europe’s agriculture is in position to become sustainable and...

Our paper focuses on the key element of the 2003 CAP reform: on the single farm payment (SFP). The basic aim was to decouple direct payment from production decisions. Because of the widespread agricultural policy reforms (support producers with the least possible distortions) and of the on-going...

Convergence and territorially balanced economic growth require faster economic growth in weaker regions. It is difficult to decide what measures would strengthen the growth capacity of regions most. Following a brief review of growth theories and the growth and catch-up performance of the...

This paper focuses on the basic element of the 2003 CAP reform process: on the single farm payment and its national implementation models. We examine possible economic impacts (production distorting effects, redistribution, restructuring, resource allocation and effects on land market) of the...

Our paper focuses on the question: how the measures of June 2003 agreement can help the EU to meet the new WTO commitments. As decoupling of direct payments and WTO classification of the new payments seem to be one of the most important questions from the point of view of WTO negotiations, our...

The success of the integration process of the new EU Member States is reflected by the convergence performance. Sustainable convergence assumes that potential growth rates of the less developed countries continuously exceed the dynamics of the potential output of the developed countries....