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This paper provides an ex ante assessment of the effects of the Income Stabilization Tool (IST), a new risk management tool proposed in the Common Agricultural Policy of the European Union. We investigate the effects of IST on income variability and levels as well as on income inequality in the...
Persistent link: https://www.econbiz.de/10012613843
The challenges faced by agricultural systems call for an advance in risk management (RM) assessments. This research identifies and discusses potential improvements to RM across 11 European Union (EU) farming systems (FS). The paper proposes a comprehensive, participatory approach that accounts...
Persistent link: https://www.econbiz.de/10012798225
Farming systems in Europe are experiencing multiple stresses and shocks that may push systems beyond critical thresholds after which system change is expected to occur. These critical thresholds may lie in the economic, environmental, social and institutional domain. In this paper we take a...
Persistent link: https://www.econbiz.de/10012804595
According to stakeholders, many European farming systems are close to critical thresholds regarding the challenges they face (e.g., droughts, price declines), functions they deliver (e.g., economic viability, biodiversity and habitat) and attributes required for resilience (e.g., social...
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Context: Resilience is the ability to deal with shocks and stresses, including the unknown and previously unimaginable, such as the Covid-19 crisis. Objective: This paper assesses (i) how different farming systems were exposed to the crisis, (ii) which resilience capacities were revealed and...
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