Schrader, Jörg-Volker - In: Zeitschrift für Wirtschaftspolitik 54 (2005) 1, pp. 115-132
Abstract The paper discusses the decisions on the reform of the CAP from June 2003. The decisions focus on the decoupling of the direct payments to farmers from production. This will reduce production incentives and thereby improve the allocation of resources. However, payments to farmers will...