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Critical issues for the implementation of a mutual fund compensating for production loss under Article 38 of Reg. (EU) No. 1305/2013

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  • Jean Cordier

    (SMART-LERECO - Structures et Marché Agricoles, Ressources et Territoires - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - INSTITUT AGRO Agrocampus Ouest - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement)

Abstract

The case study is analysing the development of Mutual Funds designed under Article 38 EU Regulation no 1305/2013. The case study objective is to answer two main questions: what are the difficulties encountered in the development of such mutual fund in Italy and in Romania, and what can be learned from the Fonds Mutuel Sanitaire et Environnemental (FMSE) development in France? The requirements to implement successfully an Article 38 mutual fund are (1) the political support of a leading farmer union and (2) a collaborative work between the Ministry and the farmer union(s). Practical reasons are also of importance for failure, including lack of practical knowledge and legal uncertainty.

Suggested Citation

  • Jean Cordier, 2017. "Critical issues for the implementation of a mutual fund compensating for production loss under Article 38 of Reg. (EU) No. 1305/2013," Post-Print hal-02786417, HAL.
    • Handle: RePEc:hal:journl:hal-02786417
    DOI: 10.2762/823163
    Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02786417
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    References listed on IDEAS

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    1. F. G. Santeramo & B. K. Goodwin & F. Adinolfi & F. Capitanio, 2016. "Farmer Participation, Entry and Exit Decisions in the Italian Crop Insurance Programme," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 639-657, September.
    2. Ramsey, Austin Ford & Santeramo, Fabio Gaetano, 2017. "Crop Insurance in the European Union: Lessons and Caution from the United States," MPRA Paper 79164, University Library of Munich, Germany.
    3. Fabio G. Santeramo & A. Ford Ramsey, 2017. "Crop Insurance in the EU: Lessons and Caution from the US," EuroChoices, The Agricultural Economics Society, vol. 16(3), pages 34-39, December.
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