Explaining the Failure of Doha to Facilitate Completion of CAP Reform
No 271976, 162nd Seminar, April 26-27, 2018, Budapest, Hungary from European Association of Agricultural Economists
The original CAP’s high levels of border protection on many products involved a variable import levy bridging the gap between world prices and the EU’s much higher minimum import price. The Uruguay Round ended this, but tariffication also meant that subsequent CAP reforms reducing EU levels of domestic market price support would no longer trigger lower tariffs. Moreover the Doha Round’s plans for tariff cuts are in abeyance. The consequences are: i) only preferential suppliers penetrate the EU’s protected market; ii) negotiation of Free Trade Areas is made more complicated; and iii) “Brexit” is problematic.
Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
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