The Past, Present and the Future of the Cap - The Hungarian Viewpoint
The Common Agricultural Policy of the European Union – the present and the future, EU Member States point of view, ed. M. Wigier, A. Kowalski, series "Monographs of Multi-Annual Programme" no 73.1, IAFE-NRI, Warsaw 2018, ISBN: 978-83-7658-743-1
28 Pages Posted: 19 Jul 2018
Date Written: 2018
The Common Agricultural Policy (CAP) was one of the first common policies of the European Community and it still allocates significant share of the common budget. With its initial objectives, CAP generated even more problems than it solved. The past several decades was dedicated to problem solving by different reforms.
Hungary accessed the EU on May 1, 2004 in the 2000-2006 financial planning period. The CAP provided and still provides enormous support to the Hungarian agricultural sector, however, it can be seen that it was in favour of the crop sector at the expense of the animal husbandry sector. The reforms definitely have impact on the sector, albeit to different extent. The future of this high level support is quite insecure which requires instant competitiveness actions from agricultural producers.
Keywords: Common Agricultural Policy, agricultural employment, farm structure
JEL Classification: J21, N54, Q15, Q18
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