Should central banks concern themselves with agricultural policies? Does Europe's Common Agricultural Policy (CAP) matter for Central and Eastern Europe? Should ministries of agriculture be abolished, or perhaps be incorporated into ministries of environment or even education and culture? The answers suggested in this study - yes, yes and yes - are based on recent empirical evidence on the cost to consumers and taxpayers of agricultural protection in Europe in terms of welfare and lost and output foregone.
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Length: 56 pages Date of creation: 1995 Date of revision: Handle: RePEc:fth:prinfi:78
Contact details of provider: Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A Phone: (609) 258-4000 Fax: (609) 258-6419 Email: Web page: http://www.econ.princeton.edu/ More information through EDIRC
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Find related papers by JEL classification: E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
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