Agricultural policy within the European Union (EU) is but one of
the founding pillars upon which unification was developed.
Negotiated out of a post- war Europe, the Common Agricultural
Policy (CAP) emphasized the protection of the domestic production
market, through government subsidies and payment programmes,
artificially raising the price of domestic products while
restricting access for the foreign agricultural producers. The
objective of this paper is to explore the link between the
agricultural decisions made by the EU and the effects on citizens
in the Least Developed Countries (LDC). To develop a comprehensive
understanding of the issue at hand a review of the existing
literature will be necessary, as well as an analysis of the
available quantitative data. The findings revealed that the CAP is
but one factor that inhibits the further development of agriculture
in LDC's, while many other factors, such as international and
bi-lateral trade agreements, government institutions, and political
lobbying also negatively influence the sector.
General
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