COMMON AGRICULTURAL POLICY (CAP)

Abstract

Agriculture has been singled out not only for its strategic importance comparable
with industry but also for political reasons bearing in mind that in post-war years
there was a question whether western Europe would be able to feed itself and that
the economies of France and Germany - the main partners in the Community - were
complementary, France being predominantly an agricultural country and Germany
an industrial country. Agriculture, therefore, became a self-contained policy governed
by its own rules and financed from the Community budget.
According to art. 39 the objectives of the Common Agricultural Policy (CAP) are:
(1) to increase agricultural productivity by promoting technical progress and by ensuring the rational development of agricultural production and the optimum utilization
of all factors of production, in particular labour;
(2) thus to ensure a fair standard of living for the agricultural community, in particular
by increasing the individual earnings of persons engaged in agriculture;
(3) to stabilize markets;
(4) to provide certainty of supplies; and
(5) to ensure supplies to consumers at reasonable prices. 

Keywords

• COMMON
• AGRICULTURAL
• POLICY

COMMON AGRICULTURAL POLICY (CAP)

Abstract

Agriculture has been singled out not only for its strategic importance comparable
with industry but also for political reasons bearing in mind that in post-war years
there was a question whether western Europe would be able to feed itself and that
the economies of France and Germany - the main partners in the Community - were
complementary, France being predominantly an agricultural country and Germany
an industrial country. Agriculture, therefore, became a self-contained policy governed
by its own rules and financed from the Community budget.
According to art. 39 the objectives of the Common Agricultural Policy (CAP) are:
(1) to increase agricultural productivity by promoting technical progress and by ensuring the rational development of agricultural production and the optimum utilization
of all factors of production, in particular labour;
(2) thus to ensure a fair standard of living for the agricultural community, in particular
by increasing the individual earnings of persons engaged in agriculture;
(3) to stabilize markets;
(4) to provide certainty of supplies; and
(5) to ensure supplies to consumers at reasonable prices.

Keywords

• COMMON
• AGRICULTURAL
• POLICY

References

1. -