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Risk and Crisis Management in the Reformed European Agricultural Policy

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  • Carlo Cafiero
  • Fabian Capitanio
  • Antonio Cioffi
  • Adele Coppola

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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Bibliographic 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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Cited by:
  1. Santeramo, Fabio Gaetano & Adinolfi, Felice & Capitanio, Fabian & Contò, Francesco & Sasala, Piero, 2013. "Coping with Risks in the Mediterranean Countries? Let the experts explain," MPRA Paper 49852, University Library of Munich, Germany.
  2. Alan Matthews, 2010. "Perspectives on Addressing Market Instability and Income Risk for Farmers," The Institute for International Integration Studies Discussion Paper Series, IIIS iiisdp324, IIIS, revised Apr 2010.
  3. Dell'Aquila, Crescenzo & Cimino, Orlando, 2012. "Stabilization of farm income in the new risk management policy of the EU: a preliminary assessment for Italy through FADN data," 126th Seminar, June 27-29, 2012, Capri, Italy, European Association of Agricultural Economists 133455, European Association of Agricultural Economists.
  4. Robert Finger & Nadja El Benni, 2012. "A Note on Price Risks in Swiss Crop Production – Empirical Results and Comparisons with other Countries," Yearbook of Socioeconomics in Agriculture, Swiss Society for Agricultural Economics and Rural Sociology, Swiss Society for Agricultural Economics and Rural Sociology, vol. 5(1), pages 131-151.
  5. Rault, Arnaud, 2012. "On the effectiveness of mutual funds to cope with lasting market risks: The case of FMD in Brittany," 126th Seminar, June 27-29, 2012, Capri, Italy, European Association of Agricultural Economists 125994, European Association of Agricultural Economists.
  6. Santeramo, Fabio Gaetano & Di Pasquale, Jorgelina & Contò, Francesco & Tudisca, Salvatore & Sgroi, Filippo, 2012. "Analyzing risk management in Mediterranean Countries: The Syrian perspective," MPRA Paper 49851, University Library of Munich, Germany.
  7. Santeramo, Fabio G. & Goodwin, Barry K. & Adinolfi, Felice & Capitanio, Fabian, 2013. "Revisiting the demand for crop insurance: evidences from the Italian market," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C., Agricultural and Applied Economics Association 150184, Agricultural and Applied Economics Association.
  8. Fabienne Féménia & Alexandre Gohin, 2010. "Faut-il une intervention publique pour stabiliser les marchés agricoles ? Revue des questions non résolues," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, INRA Department of Economics, vol. 91(4), pages 435-456.
  9. El Benni, Nadja & Finger, Robert & Mann, Stefan, 2012. "The effect of agricultural policy change on income risk in Swiss agriculture," 123rd Seminar, February 23-24, 2012, Dublin, Ireland, European Association of Agricultural Economists 122532, European Association of Agricultural Economists.
  10. Capitanio, F. & Adinolfi, Felice & Di Pasquale, J. & Contò, F., 2013. "¿Cuáles son los determinantes de la demanda de seguros agrícolas en Italia?," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, Spanish Association of Agricultural Economists, vol. 13(1).
  11. Finger, Robert, 2012. "How strong is the “natural hedge”? The effects of crop acreage and aggregation levels," 123rd Seminar, February 23-24, 2012, Dublin, Ireland, European Association of Agricultural Economists 122538, European Association of Agricultural Economists.
  12. El Benni, Nadja & Finger, Robert, 2012. "Where is the risk? Price, yield and cost risk in Swiss crop production," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil, International Association of Agricultural Economists 126758, International Association of Agricultural Economists.
  13. Assefa, Tsion Taye & Meuwissen, Miranda P.M. & Van Asseldonk, Marcel A.P.M., . "Mutual insurance companies as a tool for farmer income stabilization: performance and prospects in the CAP," 126th Seminar, June 27-29, 2012, Capri, Italy, European Association of Agricultural Economists 125991, European Association of Agricultural Economists.
  14. Markovic, Katarina & Njegovan, Zoran & Pejanovic, Radovan, 2012. "Former And Future Reforms Of Common Agricultural Policy Of The European Union," Economics of Agriculture, Institute of Agricultural Economics, Institute of Agricultural Economics, vol. 59(3).
  15. 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, European Association of Agricultural Economists 44834, European Association of Agricultural Economists.
  16. Cordier, Jean, 2008. "Farm Risk Management Between Normal Business Risk and Climatic/Market Shocks," 108th Seminar, February 8-9, 2008, Warsaw, Poland, European Association of Agricultural Economists 48105, European Association of Agricultural Economists.
  17. Enjolras, Geoffroy & Capitanio, Fabian & Aubert, Magali & Adinolfi, Felice, 2012. "Direct payments, crop insurance and the volatility of farm income. Some evidence in France and in Italy," 123rd Seminar, February 23-24, 2012, Dublin, Ireland, European Association of Agricultural Economists 122478, European Association of Agricultural Economists.
  18. Capitanio, Fabian & Goodwin, Barry K. & Enjolras, Geoffroy & Adinolfi, Felice, 1. "Risk management tools for Italian farmers: public support, problems and perspectives under CAP Reform," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L’Informatore Agrario, Edizioni L’Informatore Agrario, issue 1.
  19. Santeramo, Fabio Gaetano & Cioffi, Antonio, 2. "Transmission Of Market Crises In The European Vegetables Sector," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L’Informatore Agrario, Edizioni L’Informatore Agrario, issue 2.

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