This book offers a comprehensive analysis of the Common Agricultural Policy which imposes high costs on taxpayers and consumers yet has proved very difficult to reform. Particular emphasis is placed on new developments affecting the shape of the CAP, including the outcome of the GATT Uruguay Round negotiations, Eastern enlargement, and developments in environmental policy. A distinctive feature of the book is the attention given to situating European agriculture within its global context and in relation to the food processing and agricultural supply industries.

This book is the first to document the reform of the EU's Common Agricultural Policy (CAP) and to analyse the political and economic factors which determined the outcome of the negotiations. The policy (non-)reform will affect the world's global food security and agricultural ...

In 2007 the farm subsidies of the European Union's Common Agricultural Policy took over 40 percent of the entire EU budget. How did a sector of diminishing social and economic importance manage to maintain such political prominence? The conventional answer focuses on the negotiations among the member states of the European Community from 1958 onwards. That story holds that the political priority, given to the CAP, as well as its long-term stability, resides in a basic devil's bargain between French agriculture and German industry. In Farmers on Welfare, a landmark new account of the making of the single largest European policy ever, Ann-Christina L. Knudsen suggests that this accepted narrative is rather too neat. In particular, she argues, it neglects how a broad agreement was made in the 1960s that related to national welfare state policies aiming to improve incomes for farmers. Drawing on extensive archival research from a variety of political actors across the Community, she illustrates how and why this supranational farm regime was created in the 1960s, and also provides us with a detailed narrative history of how national and European administrations gradually learned about this kind of cooperation.By tracing how the farm welfare objective was gradually implemented in other common policies, Knudsen offers an alternative account of European integration history.

Since 2005, the European Union has provided farmers with subsidies that are not linked directly to production of specific crops, through the single payment scheme (SPS), as part of reforms to its common agricultural policy. This book investigates to what extent the SPS has led to the capitalization of support into land values in the EU. Economic theory and empirical findings suggest that the way in which agricultural support is provided to farmers has an influence on land markets. Subsidies tend to become capitalized into land values to some degree, affecting both the sales and rental prices of land. These effects in turn have a bearing on the transfer efficiency of the support and structural change in agriculture. Drawing from a combination of data sources, 11 country and 18 regional studies, this extensive empirical analysis offers preliminary findings of the reaction of EU land markets and asset values to the changes in EU policy.

Following an introductory discussion of the Treaty provisions on agriculture, this illuminating work examines the four regulations that currently govern the Common Agricultural Policy in the areas of Direct Payments, Rural Development, Finance, and the Common Organisation of the markets and considers their interpretation by the European Courts. It concludes with an astute assessment of the proposals for further reform, which will give Member States greater discretion in fine-tuning the principles of the policy established at European level to the particular characteristics of their agricultural sector.

First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

The volume offers to the reader a multi-faceted dialogue between noted experts from two major agricultural countries, both founding members of the Word Trade Organisation, each one with different stakes in the great globalisation game. After providing the recent historical background of agricultural policies in India and France, the contributors address burning issues related to market and regulation, food security and food safety, the expected benefits from the WTO and the genuine problems raised by the new forms of international trade in agriculture, including the sensitive question of intellectual property rights in bio-technologies. This informed volume underlines the necessity of moving beyond the North-South divide, in order to address the real challenges of the future.