Common Agricultural Policy beyond the MacSharry Reform (eBook)

Front Cover 1
The Common Agricultural Policy Beyond the Macsharry Reform 4
Copyright Page 5
Table of Contents 8
INTRODUCTION TO THE SERIES 6
Chapter 1. Introduction 14
1.1 Scope of the study 14
1.2 Structure of the book 16
1.3 Limitations of the study 18
1.4 Project organisation and acknowledgements 19
Chapter 2. The CAP: its history, operation and proposals for its reform 22
2.1 The CAP: origins, objectives and principles 22
2.2 Instruments of the CAP: market organization schemes and structural measures 27
2.3 The dynamics of the agricultural sector of the EU during the 1973-90 period 38
2.4 The CAP under siege 56
2.5 Four perspectives on reform and future of the CAP 66
2.6 Implications for the design of a policy model on EU agriculture 72
Chapter 3. Welfare analysis of CAP reform: a stylized model 74
3.1 A stylized version of ECAM 74
3.2 Free trade 81
3.3 Interventionism 84
3.4 The bureaucratic perspective 102
3.5 Consequences for the perspectives on reform 104
Chapter 4. ECAM: an agricultural model of the EU-9 108
4.1 Applied general equilibrium modelling 109
4.2 From stylized model to application 115
4.3 The agricultural supply program 127
4.4 The dynamic structure 148
4.5 Experience gained from ECAM 149
Annex 4A: Model validation 154
Annex 4B: Data and parameters of ECAM: an overview 166
Chapter 5. CAP reform in the bureaucratic perspective: the MacSharry reform and the GATT agreement 192
5.1 The MacSharry reform package: EU agriculture until 2005 194
5.2 What would have happened in the absence of the reform? 216
5.3 CAP reform and the revised Blair House Agreement: compatible or not? 226
5.4 The future of EU agriculture under the bureaucratic perspective: an assessment 242
Chapter 6. Alternatives: free trade or intervention? 244
6.1 More free trade: the decoupled MacSharry scenario 246
6.2 More interventionism: the cartel scenario 264
6.3 The CAP until 2005 277
6.4 Implementation: financial renationalization of the CAP 280
6.5 The CAP in the long term 291
Chapter 7. EU agriculture in the long term: a future as an exporter? 292
7.1 Background for a long term scenario 292
7.2 Long term prospects for world food supply and demand 295
7.3 The agronomic and technological ceilings for EU agriculture 304
7.4 Restructuring of the farm sector 308
7.5 A competitive EU entering the world market 315
7.6 More land used outside agriculture 331
7.7 Long run perspectives for agriculture in the EU-9: some tentative conclusions 335
Chapter 8. Summary and conclusions 338
References 344
Index 354