IDEAS home Printed from https://ideas.repec.org/a/vrs/econom/v5y2017i2p125-133n7.html
   My bibliography  Save this article

Reforms of the Community Agrarian Policy: Misconception or New Agricultural Architecture?

Author

Listed:
  • Spasojević Boris
  • Đukić Aleksandar

    (Catering, Trade and Tourism Vocational School, Banja Luka, Bosnia and Herzegovina)

  • Stanković Dragan

    (Republic Administration for Geodetic and Property Affairs of Republic of Srpska, Banja Luka, Bosnia and Herzegovina)

Abstract

The European Union is the most complex and by any aspect the most unique example of a regional economic integration. Its origin, evolution and survival are based on a common legislative and institutional framework. The so-called common policies implemented in a number of economic and non-economic areas are particularly distinctive. Most of them are implemented on two levels: national and communal. The only common policy that is fully implemented at the European Union level is the Community Agrarian Policy (CAP), whereas the agriculture has the highest expenditure in the communal budget. The function of CAP is primarily economic as its goals are strictly related to economic issues: price stability of agricultural products, productivity growth, higher wages for the farmers, etc. The CAP strengthens the Union’s social cohesion, which is of utmost importance in times of constant crises, BREXIT and other extreme instabilities. For this reason, the CAP has been in the processes of continuous reforms (MacShary, Mansholt and those of recent times) for decades, in order to increase its efficiency and justify enormous financial investments. The CAP results depend on the achievement of preset objectives and the exchange of agricultural products and food that the European Union generates globally. It has been demonstrated that the CAP is a significant common policy, both in achieving economic goals and in the sphere of strengthening communal cohesion.

Suggested Citation

  • Spasojević Boris & Đukić Aleksandar & Stanković Dragan, 2017. "Reforms of the Community Agrarian Policy: Misconception or New Agricultural Architecture?," Economics, Sciendo, vol. 5(2), pages 125-133, December.
  • Handle: RePEc:vrs:econom:v:5:y:2017:i:2:p:125-133:n:7
    DOI: 10.1515/eoik-2017-0024
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/eoik-2017-0024
    Download Restriction: no

    File URL: https://libkey.io/10.1515/eoik-2017-0024?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:econom:v:5:y:2017:i:2:p:125-133:n:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.