Prise en compte des effets agrimonétaires

Virginie Madelin

Économie rurale, 1994, vol. 220, issue 1, 203-205

Abstract: [fre] La Politique Agricole est basée sur le principe de l'unité des prix agricoles, fixés en Ecus, au sein de la Communauté. Lorsque se produisent des réaménagements monétaires, les prix garantis sont menacés d'évolutions internes divergentes. Pour lisser ces divergences, dès 1969, les parités monétaires utilisées pour la fixation des prix agricoles ont été dissociées des parités officielles. Ce régime spécifique, dit "agrimonétaire" s'est accompagné de montants compensatoires monétaires, aujourd'hui disparus, et du mécanisme du "switchover", toujours en vigueur et qui permet de ne pas baisser des prix dans les pays à monnaie réévaluée. Ce mécanisme, inflationniste et coûteux pour le budget communautaire, conduit à des évolutions de revenus qui surcompensent leur baisse potentielle. [eng] How to take the "green ecu" regime into account ? . The Common Agricultural Policy is based on the principle of uniform agricultural prices, as stated in Ecus, throughout the Community. Whenever monetary realignments occur, the guaranteed prices are upset by diverging domestic trends. To smooth out these differences, since 1969, the currency parities used in setting farm prices (the so-called "green" rates of exchange) have been dissociated from the official exchange rates. This "green ecu" regime used to the accompanied by a system of monetary compensatory amounts (MCAs). That feature of the regime has been discontinued, but the "switchover" mechanism is still in force, i.e., a system whereby farm price floors are maintained at the old level in countries whose currency is revalued. This mechanism is inflationary and costly for the community budget, and tends to boost farm income to levels that overcompensate for any potential losses.

Date: 1994
Note: DOI:10.3406/ecoru.1994.4645
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