The CAP in disarray: EU Commission proposes basic direct payments to EU farmers

Direct payments were originally justified as a mechanism to compensate farmers for the income loss incurred due to reduced intervention prices. However, this rationale is not valid any more, and a new justification for basic income support by granting basic decoupled direct payments has been propose...

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Veröffentlicht in:Inter economics 2012-05, Vol.47 (3), p.170-174
1. Verfasser: Koester, Ulrich
Format: Artikel
Sprache:eng
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Zusammenfassung:Direct payments were originally justified as a mechanism to compensate farmers for the income loss incurred due to reduced intervention prices. However, this rationale is not valid any more, and a new justification for basic income support by granting basic decoupled direct payments has been proposed by the EU Commission. The following paper identifies a number of problems related to this proposal.
ISSN:1613-964X
0020-5346
1613-964X
DOI:10.1007/s10272-012-0417-8