By Alan Swinbank, Richard Tranter
Annotation. the typical Agricultural coverage (CAP) is at an deadlock. whereas it's stated that current regulations aren't tenable, all fresh reform plans were condemned as unacceptable. even though, a 2bond scheme3, as a part of reform that will pay extra recognition to societys aspirations for the surroundings and rural improvement, deals a fashion ahead. This booklet demystifies the bond scheme inspiration and explores issues expressed through farmers and coverage makers. Written by means of economists, a political scientist and a working towards baby-kisser, it bargains infrequent insights into european farm coverage.
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Additional resources for A Bond Scheme for Common Agricultural Policy Reform
M. (2002) Environmental Integration and the CAP. A Report to the European Commission, DG Agriculture. Institute for European Environmental Policy, London. , Molterer, W. and Walsh, J. (2002) CAP is something we can be proud of. Letter to the Editor. Financial Times, 23 September 2002, 22. Buckwell, A. and Tangermann, S. (1999) Agricultural Policy Issues of European Integration: the Future of Direct Payments in the Context of Eastern Enlargement and the WTO. MOCT-MOST: Economic Policy in Transitional Economies 9, 229-254.
The green box Whilst blue box payments are only partially decoupled, the overarching requirement (as specified in paragraph 1 of Annex 2) is that green box measures have ‘no, or at most minimal, trade-distorting effects or effects on production’. In practice, giving operational significance to the term ‘minimal trade-distorting effects’ will not be easy. Annex 2 sets out a whole series of policy measures that might qualify under this umbrella provision, together with further detailed criteria that must be met in 26 A Bond Scheme for CAP Reform addition to the generic requirement of paragraph 1.
It expired at the end of 2003 (or the relevant 2003/04 marketing year). The Peace Clause is complex, untested in Dispute Settlement proceedings, and difficult to understand, but basically it provided a measure of protection to green box policies (section (a) of Article 13), AMS and blue box measures (section (b)) and export subsidies (section (c)) where there might otherwise be a conflict between the provisions of the Agreement on Agriculture and other GATT/WTO rules. Thus, whilst the Peace Clause remained valid, blue box measures were not actionable subsidies under the Subsidies Agreement, and could not lead to actions based on the nullification or impairment of tariff concessions enjoyed by other WTO Members, provided ‘such measures do not grant support to a specific Direct Payments in the EU 25 commodity in excess of that decided during the 1992 marketing year’.
A Bond Scheme for Common Agricultural Policy Reform by Alan Swinbank, Richard Tranter