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Books > Business & Economics > Industry & industrial studies > Primary industries > Agriculture & related industries
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The Costs of the Common Agricultural Policy (Hardcover)
Loot Price: R3,358
Discovery Miles 33 580
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The Costs of the Common Agricultural Policy (Hardcover)
Series: Routledge Library Editions: Agriculture
Expected to ship within 12 - 17 working days
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First published in 1982. Considerable public controversy surrounded
the large amount of public expenditure devoted to agriculture under
the European Community's Common Agricultural Policy (CAP). There
were serious disputes over how the farm support system operated and
how it was financed. This book describes the CAP situation and
summarises previous attempts to assess some of the economic and
financial flows arising from its creation using a common framework
of well-established economic theory and methods. The CAP turned out
to have a number of 'costs', depending on the concept of 'cost'
used, the alternative policies considered, and the various
assumptions made. The bulk of the book presents the structure and
results of a comprehensive model of European Community agricultural
markets and the associated CAP support mechanisms. This model is
validated against official Community budget figures and then run to
simulate a number of policy options and their consequences. This
title will be of interest to students of economics, geography and
agriculture.
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