This paper describes and evaluates the impact of the transition process in the agricultural sector in the Czech Republic; its objective is to analyse and clarify the outcome of transition, and the prospects of the sector. The paper starts with examination of agriculture under the communist...

This paper discusses economic arguments for government intervention and support in agriculture. Two types of arguments seem plausible. The first one refers to the classical view that agriculture has a chronic income problem and therefore governments must intervene to ensure a fair income...

When it comes down to reality the political objective of securing reasonable income to farmers succeeds all other objectives in agricultural policy making. To be able to evaluate policy and design new policy it is of vital importance to know the overall income situation and how the agricultural...

Agriculture represents an important political and economic issue in the stage of the EU enlargement. This is especially true for Poland, since it has the largest agricultural sector. The paper outlines the changes of agricultural policies and their impacts on the organisational structure....

The development of theory on agricultural income problems springs from empirical investigations showing that agricultural income is unstable over time, and that compared to other trades, it is diminishing. The theorists explain this with the fact that agricultural production factors are...

Effective economic regulation demands clear objectives, sound economic reasoning and a careful analysis of the inevitable trade-offs between conflicting societal interests. The key problems are linked to the information asymmetry between the regulator and the regulated firms. Although the market...

The Common Agricultural Policy (CAP) was founded in the 1950s with price support as the main policy instrument. Despite massive criticism from both within and outside the EU, price support remains the backbone of the CAP. This paper argues that the choice of price support was logical viewed in...