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Modulation of Direct Payments: A crossed analysis of incremental schemes AgEcon
Boulanger, Pierre.
The progressive attempt and implementation of direct payment limitations since the 1992 CAP reform has developed a “modulation mechanism” aiming to transfer funds from market support and direct payment schemes (CAP first pillar) towards rural development measures (CAP second pillar). Under the 2007-2013 European financial perspectives, the annual 5% rate of modulation is expected to increase. The paper focuses on the financial impacts of four scenarios together with corresponding political and institutional feasibilities. The paper imposes on itself three sound constraints: (i) expanding modulation should not jeopardise the future in-depth reform of the direct payment regime, (ii) modulation should be compulsory and consistent with rural development...
Tipo: Conference Paper or Presentation Palavras-chave: Direct payments; Rural development; European budget; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/44023
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