Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development (Oct 2013)
A HISTORICAL ANALYSIS OF THE COMMON AGRICULTURAL POLICY
Abstract
Agriculture is perceived by the EU as occupying a special place in its economic and social structure, because of its content and its relevance at the level of each individual. Consequently, the EU sustains that the relative poverty of a high proportion of its agricultural and rural population needs a protectionist price policy combined with a long term policy that would aim at its rural development, especially in the peripheral and poorly developed areas. Between EU policies Common Agricultural Policy is regarded as one of the most important. This not only because of the budget for the Union to finance this policy (which is about 50% of the total budget) the number of people affected and territory involved, but also the historical importance of delegated sovereign attributes EU Member States to the decision. The importance of the Common Agricultural Policy derives of close links with the single market and economic and monetary union, two key areas of European integration.
