The Cap: Whence it Came, Where it Should Go

Posted: 19 Sep 2000

See all articles by Sean Rickard

Sean Rickard

Cranfield University

Timothy Chambers

Cranfield University

Abstract

By the end of the 1970s the Common Agricultural Policy (CAP) had achieved its aim of satisfying the Community's needs for basic foodstuffs. Farmers have since sought to justify continued high levels of support by arguing that only a large population of farmers can deliver the countryside society wants and provide the backbone of the rural economy. Neither justification stands up to analysis. Only by phasing-out production-related support and accepting the accompanying restructuring can the industry' efficiency and effectiveness be improved to the point where it can compete on its own merits in world markets.

JEL Classification: Q12, Q18

Suggested Citation

Rickard, S.H. and Chambers, Timothy, The Cap: Whence it Came, Where it Should Go. Available at SSRN: https://ssrn.com/abstract=233434

S.H. Rickard (Contact Author)

Cranfield University ( email )

Cranfield
Cranfield School of Management
Bedfordshire MK43 OAL
United Kingdom

Timothy Chambers

Cranfield University

Cranfield
Cranfield School of Management
Bedfordshire MK43 OAL
United Kingdom

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