The Common Agricultural Policy (CAP) is at an impasse. While it is said that existing policies are not tenable, all recent reform plans have been condemned as unacceptable. However, a "bond scheme", as part of reform that pays more attention to society's aspirations for the environment and rural development, offers a way forward. This book demystifies the bond scheme proposal and explores concerns expressed by farmers and policy makers. Written by economists, a political scientist and a practising politician, it offers rare insights into EU farm policy.
Decoupled payments and a triad of policy objectives; compensation proposals; a bond scheme to facilitate CAP reform; from CAP to CARPE; why a bond scheme was not adopted in 1992; implementing a bond scheme; asking farmers; the Doha Round and EU enlargement. (Part contents.)