Instruments of market intervention in the European agricultural market and their impacts on supply

Business & Finance, Management & Leadership, Production & Operations Management
Cover of the book Instruments of market intervention in the European agricultural market and their impacts on supply by Cornelia Andree, GRIN Verlag
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Author: Cornelia Andree ISBN: 9783656378037
Publisher: GRIN Verlag Publication: February 26, 2013
Imprint: GRIN Verlag Language: English
Author: Cornelia Andree
ISBN: 9783656378037
Publisher: GRIN Verlag
Publication: February 26, 2013
Imprint: GRIN Verlag
Language: English

Seminar paper from the year 2012 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, The University of Hong Kong, language: English, abstract: With the foundation of the European Economic Community in 1957, which later became the European Union (EU), all member states agreed on an integration of their individual market in a common market which guarantees the free movement of goods, capital, services, and people. Right at the beginning of this process called European Integration, a common agricultural policy which supports, regu-lates and protects the European agricultural market was introduced. The ancient reason for its establishment was the desolate food supply situation in Europe after the Second World War. As society and economy has been damaged by years of wars, the agriculture had been crippled and nearly all European states were dependant of food imports . In open competition, countrymen suffered huge changes in quantity and prices, which yield to an unsteady and under average in-come as well as an unsecure food supply for consumers . The agrarian market was supposed to failure without governmental intervention . In order to achieve a stable self-supply of affordable food and a better agricultural productivity , the European agriculture was taken out of the regulation system of a free market economy and the common agricultural policy (CAP) came into force 1962.

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Seminar paper from the year 2012 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, The University of Hong Kong, language: English, abstract: With the foundation of the European Economic Community in 1957, which later became the European Union (EU), all member states agreed on an integration of their individual market in a common market which guarantees the free movement of goods, capital, services, and people. Right at the beginning of this process called European Integration, a common agricultural policy which supports, regu-lates and protects the European agricultural market was introduced. The ancient reason for its establishment was the desolate food supply situation in Europe after the Second World War. As society and economy has been damaged by years of wars, the agriculture had been crippled and nearly all European states were dependant of food imports . In open competition, countrymen suffered huge changes in quantity and prices, which yield to an unsteady and under average in-come as well as an unsecure food supply for consumers . The agrarian market was supposed to failure without governmental intervention . In order to achieve a stable self-supply of affordable food and a better agricultural productivity , the European agriculture was taken out of the regulation system of a free market economy and the common agricultural policy (CAP) came into force 1962.

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