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Policy Supported Robustness and Adaptation: Implications for the Resilience of Grain Farming in Bulgaria

Author

Listed:
  • Stela VALCHOVSKA

    (University of National and World Economy, Bulgaria)

  • Mariya PENEVA

    (University of National and World Economy, Bulgaria)

Abstract

Agricultural policy attracts research interest in terms of forecasts and results. However, it can also be useful to analyse the institutionally designed policy goals and instruments in view of their application in practice. This research investigates whether the agricultural policy in Bulgaria, as implemented within the Common Agricultural Policy of the European Union, contributes towards the robustness and / or adaptation of grain farms to current and future challenges. Policy documents from the 2014–2020 program period have been examined through the Resilience Assessment Tool (ResAT). The analysis showed that the currently implemented agricultural policy provides relatively strong support to the robustness of the grain farming sector. It facilitates the perseverance of these farms both in the short and long run. However, available policy support aimed at enhancing adaptation and change in response to challenges is less relevant to grain farmers. Nevertheless, it does not have negative impact on their resilience.

Suggested Citation

  • Stela VALCHOVSKA & Mariya PENEVA, 2021. "Policy Supported Robustness and Adaptation: Implications for the Resilience of Grain Farming in Bulgaria," Agricultural Economics and Rural Development, Institute of Agricultural Economics, vol. 18(1), pages 31-46.
    • Handle: RePEc:iag:reviea:v:18:y:2021:i:1:p:31-46
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    Keywords

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    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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