CAP reform 1999: a crisis in the making?

Ackrill, R.W. ORCID: 0000-0002-0739-1812, 2000. CAP reform 1999: a crisis in the making? Journal of Common Market Studies, 38 (2), pp. 343-353. ISSN 0021-9886

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Abstract

In March 1999 the European Council, meeting in Berlin, agreed a reform of the Common Agricultural Policy (CAP) which superseded a deal the ministers of agriculture agreed – or thought they had agreed – two weeks earlier. This article seeks an explanation of the nature of the second reform, before indicating briefly why further reform will be needed. In suggesting possible directions for reform, three options discussed but not agreed upon during negotiations are examined: degressivity (the reduction over time of direct payments), cofinancing (sharing CAP budget costs between EU and national budgets) and modulation (targeting support towards smaller farms). Degressivity offers the best way of containing budget costs. Accompanied by the elimination of price support, this will facilitate agreement in international trade talks and accommodate enlargement.

Item Type:	Journal article
Description:	The definitive version is available at www3.interscience.wiley.com.
Publication Title:	Journal of Common Market Studies
Creators:	Ackrill, R.W.
Publisher:	Blackwell
Date:	2000
Volume:	38
Number:	2
ISSN:	0021-9886
Identifiers:	Number Type 10.1111/1468-5965.00223 DOI
Rights:	© Blackwell Publishers Ltd. 2000
Divisions:	Schools > Nottingham Business School
Record created by:	EPrints Services
Date Added:	09 Oct 2015 10:26
Last Modified:	09 Jun 2017 13:29
URI:	https://irep.ntu.ac.uk/id/eprint/12829

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