The main purpose of this short analysis is to present an overview of the main developments of the CAP and to outline its prospects beyond the turn of the century taking into account the enlargement of the European Union and the negotiations with the World Trade Organisation (WTO).

India's policy responses to the food price crisis were strong. Exports of basic staples were banned. Domestic support prices of wheat and rice were raised substantially. The urea price increases in global markets were absorbed through enhanced fertilizer subsidies. The government launched the...

Over time, the CAP has had a very important role for the economic objectives of the EU. It is the institutional policy with the highest share of the community budget. This article examines the evolution of the CAP since the nineties, with the aims of reducing surpluses, developing an...

MONASH-USA (also known as USAGE-ITC) is a detailed dynamic general equilibrium model of the U.S. developed by the Centre of Policy Studies in collaboration with the U.S. International Trade Commission. This paper reports on the theoretical developments completed for a project intended to (a) add...

Part I summarises some basic facts regarding Norway's food production and consumption, the country's economic policy related to agriculture, food, the environment and trade. Part II focuses on Norway's contribution towards the goal of supplying food to a global population of some 6-8 billions a...

Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...

This paper explores the impact of the South Asian Free Trade Area (SAFTA) agreement on food security by using a gravity model to examine the regional changes in trade in agricultural products. This is followed by a discussion of how this might affect the four dimensions of food security,...

This paper further builds on the price transmission model framework of existing studies to identify domestic wheat price effects of wheat export controls. We explicitly take the fact into account that a harvest failure causes domestic price effects as well. Moreover, the analysis at the regional...

Agricultural and environmental policy changes have potentially large effects on Dutch agriculture and economy as a whole. The effects could be on inter-industry transactions, factor demand, income , trade, and environmental quality. The clear structure and flexibility make applied general...

Agricultural and environmental policy changes have potentially large effects on Dutch agriculture and economy as a whole. The effects could be on inter-industry transactions, factor demand, income , trade, and environmental quality. The clear structure and flexibility make applied general...