The March 1999 and June 2003 CAP reforms: Main provisions

Hervé Guyomard and Katell Le Bris

INRAE Sciences Sociales, 2004, vol. 2003, 6

Abstract: The CAP reforms of March 1999 (2000 Agenda reform) and June 2003 (Luxemburg compromise) are part of a process started a few years earlier with the 1992 Mac Sharry reform. Although it did not come close to suppressing intervention and wholly liberalizing markets, the 1992 reform did represent a turning point. It suggested the reduction of price support and the compensation of induced income losses through direct aids, founded on the land (cereals and oleo-proteaginous) and livestock (beef) factors of production. The 1999 reform was a further step in the same direction, with new falls ininstitutional prices and partial compensation for income losses through direct aid, still founded on primary production factors. The 2003 reform goes farther by suppressing the link between direct aid and product choices. In other words, the 2003 reform goes even farther by “decoupling” the direct support aids from agricultural incomes. This paper presents the main provisions of both 1999 and 2003 reforms.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/163600/files/iss03-4-5-1_eng.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:inrass:163600

DOI: 10.22004/ag.econ.163600

Access Statistics for this article

More articles in INRAE Sciences Sociales from Institut national de recherche pour l'agriculture, l'alimentation et l'environnement (INRAE), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().