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The recent reforms of the Common Agricultural Policy (CAP) of the European Union extend in a significant way the decoupling  process started some ten years earlier. By adopting the Single Farm Payment (SFP) scheme only limited support for agriculture is tied to current production decisions. This is also true of U.S. farm policy. The reform act of 1996 introduced greater planting flexibility, shifted some support to direct payments, and eliminated the authority for acreage reduction programs. The 2002 and 2008 Acts retained these features. However, they added countercyclical components to direct payments based on market prices and historic production, and allowed for updating of base acreage underlying direct payments. These steps arguably reintroduced ties between support and production decisions. This volume explores the economic implications of these recent changes in the design of agricultural policies for the economic performance of the sector in the European Union and the United States. The book is organized around five themes: (1) New Directions in Agricultural Policy: U.S. and EU Perspectives; (2) Agricultural Policy and Economic performance; (3) Energy and Agricultural Policy; (4) International Trade and Agricultural Policy; and (5) Commodity Programs and Risk Management. The authors apply rigorous tools to analyze the impact and implications of current agricultural policies on efficiency, productivity, and competitiveness in the sector, and consider opportunities for improvement in policymaking and practice.

Economics/Management Science. --- Agricultural Economics. --- Economic Policy. --- Economics. --- Economic policy. --- Farm economics. --- Economie politique --- Politique économique --- AA / International- internationaal --- 338.723.0 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 336.833 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 334.151.6 --- Landbouwbeleid: algemeenheden. --- Financiële tegemoetkomingen van de Staat voor de landbouw. --- EG : landbouwpolitiek. --- Agriculture and state --- Agriculture --- Agrarian question --- Agribusiness --- Agricultural economics --- Agricultural production economics --- Production economics, Agricultural --- Agricultural policy --- State and agriculture --- Economic aspects --- EG : landbouwpolitiek --- Financiële tegemoetkomingen van de Staat voor de landbouw --- Landbouwbeleid: algemeenheden --- Government policy --- Land use, Rural --- Economic policy --- Land reform

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The recent reforms of the Common Agricultural Policy (CAP) of the European Union extend in a significant way the “decoupling” process started some ten years earlier. By adopting the Single Farm Payment (SFP) scheme only limited support for agriculture is tied to current production decisions. This is also true of U.S. farm policy. The reform act of 1996 introduced greater planting flexibility, shifted some support to direct payments, and eliminated the authority for acreage reduction programs. The 2002 and 2008 Acts retained these features. However, they added countercyclical components to direct payments based on market prices and historic production, and allowed for updating of base acreage underlying direct payments. These steps arguably reintroduced ties between support and production decisions. This volume explores the economic implications of these recent changes in the design of agricultural policies for the economic performance of the sector in the European Union and the United States. The book is organized around five themes: (1) New Directions in Agricultural Policy: U.S. and EU Perspectives; (2) Agricultural Policy and Economic performance; (3) Energy and Agricultural Policy; (4) International Trade and Agricultural Policy; and (5) Commodity Programs and Risk Management. The authors apply rigorous tools to analyze the impact and implications of current agricultural policies on efficiency, productivity, and competitiveness in the sector, and consider opportunities for improvement in policymaking and practice.

Agriculture -- Economic aspects. --- Agriculture and state. --- Agriculture --- Agriculture and state --- Business & Economics --- Agricultural Economics --- Economic aspects --- Economic aspects. --- Agrarian question --- Agricultural policy --- State and agriculture --- Agribusiness --- Agricultural economics --- Agricultural production economics --- Production economics, Agricultural --- Government policy --- Economic policy. --- Agricultural economics. --- Economics. --- Agricultural Economics. --- Economic Policy. --- Economic policy --- Land reform --- Land use, Rural --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy