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Policy reform and adjustment in the European Union: changes in the Common Agricultural Policy and enlargement



Policy reform and adjustment in the European Union: changes in the Common Agricultural Policy and enlargement



Policy reform and adjustment in the agricultural sectors of developed countries: 55-68



This chapter presents the principal findings of an analysis of the impact of the 2003 reform of the Common Agricultural Policy (CAP) on EU agricultural markets and incomes over the period 2004-2010. It also projects future developments in agricultural markets in the EU-25, taking into account CAP reform and the entry of new members. It is concluded that the agricultural sector in the EU will have to adjust significantly over the medium term.

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