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Risk and Crisis Management in the Reformed European Agricultural Policy

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Author Info
Carlo Cafiero
Fabian Capitanio
Antonio Cioffi
Adele Coppola

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Abstract

"Currently there is ample discussion among EU Institutions (European Commission, European Parliament, and Member States' governments) on the opportunity for setting up a comprehensive EU-wide framework on risk and crises in agriculture. In the meantime, within the limits of the WTO rules on agriculture, national governments are allowed to intervene through direct compensation to farmers in case of exceptional events that cause damages to farming operations and through subsidies to crop insurance programs. Such schemes are quite expensive for domestic budgets and some Member States are trying to switch some of their cost to the Community's budget, although an expansion of financial resources devoted to agriculture in Europe is rather unlikely. Moving from the recently emanated proposal of the European Commission, this paper discusses the main issues related to public intervention for risk and crises management in agriculture." Copyright 2007 Canadian Agricultural Economics Society.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1744-7976.2007.00100.x
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Publisher Info
Article provided by Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie in its journal Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie.

Volume (Year): 55 (2007)
Issue (Month): 4 (December)
Pages: 419-441
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Handle: RePEc:bla:canjag:v:55:y:2007:i:4:p:419-441

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  1. Capitanio, Fabian, 2008. "Risk Management Through Insurance And Environmental Externalities From Agricultural Input Use: An Italian Case Study," 109th Seminar, November 20-21, 2008, Viterbo, Italy 44834, European Association of Agricultural Economists. [Downloadable!]
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This page was last updated on 2009-12-18.


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