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| Zobbe, Henrik. |
| The Common Agricultural Policy (CAP) was founded in the 1950s with price support as the main policy instrument. Despite massive criticism from both within and outside the EU, price support remains the backbone of the CAP. This paper argues that the choice of price support was logical viewed in both historical and economical perspectives, and gives three reasons for this. First, even though talks on agricultural integration began immediately after the war, the CAP was a result of general economic integration in Europe rather than the reason for it. Second, the structure of the CAP was determined by the agricultural policies of the six founding countries. The third and last reason is related to the economic characteristics of running a price support system.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural Policy; European Economic History; Agricultural History; Agricultural and Food Policy; Q18; N44; N34. |
| Ano: 2002 |
URL: http://purl.umn.edu/24867 |
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