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- W2038743670 abstract "Abstract This paper considers the detailed implementation of the Uruguay Round Agreement on Agriculture by the European Union (EU), and its likely impact on the CAP. The Agreement sets three constraints to agricultural support in developed countries. The commitment to reduce domestic support by 20 per cent will have no effect. Tariffication and the new access provisions will only marginally improve the competitiveness of imports into the EU in the short-run, but do set the scene for more meaningful tariff cuts in the next Round. It is the constraints on subsidized exports which will most limit the CAP, and impact on world markets, although even here the effects could easily be exaggerated. The export constraints will bite deeper in the longer run, particularly in the context of an enlargement of the EU to embrace several states from Central and Eastern Europe which could trigger a more fundamental CAP reform. Despite its limited impact, the Agreement should be judged a success in that it does impose limits on the CAP and sets the scene for the next Round of negotiations, proposed to begin in 1999." @default.
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- W2038743670 date "1996-09-01" @default.
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- W2038743670 title "Capping the CAP? Implementation of the Uruguay round agreement by the European union" @default.
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- W2038743670 doi "https://doi.org/10.1016/0306-9192(96)00015-2" @default.
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