The Common Agricultural Policy (CAP) was fundamentally reformed in 2003. From 2005, farmers will receive decoupled income support payments instead of production premiums if basic standards for environment, food safety, animal health and welfare are met. Farmers are likely to adjust production and management practices to the new policy framework. We describe how this reform fits into the EU stra...

After the Second World War, with food supplies being badly insufficient, the “Marshall Plan” as well as a policy of high producer prices provided incentives to reconstruct the agricultural production potential in Western Europe. Soon production surpluses began to emerge, and despite the high price levels farm incomes did not rise in proportion to production and productivity. Already in 1950 a d...

The economic impact of extending the Common Agricultural Policy (CAP) to the Central and Eastern European countries has become a major issue in the European enlargement debate. This paper addresses this issue by providing an assessment of the economy-wide effects of European enlargement using a global general equilibrium model where special attention is given to modelling the instruments of the...

The paper deals with agricultural land problems in Bulgaria that will impede the implementation of the Common Agricultural Policy (CAP) and the assimilation of financial resources from the EU Structural Funds. Some of the major problems are: the unfinished process of identification of land ownership and division of ownership on the restituted land between heirs, the lack of land property docume...

This paper investigates the impact of Common Agricultural Policy (CAP) subsidies on farm employment in Hungary and Slovenia. Econometric models were estimated separately for total labor, family hired labor. We find that and, within these, Pillar I subsidies, have positive effect paid labor Irrespective country type employment, is significantly positively associated with size. Mixed results are ...