عنوان

Some Economic consequences of the Common Agricultural Policy of the European Community.

Number

TLets474356

Title Proper

Some Economic consequences of the Common Agricultural Policy of the European Community.

General Material Designation

[Thesis]

First Statement of Responsibility

Swinbank, A.

Name of Publisher, Distributor, etc.

London School of Economics and Political Science (University of London)

Date of Publication, Distribution, etc.

1974

Dissertation or thesis details and type of degree

Ph.D.

Body granting the degree

London School of Economics and Political Science (University of London)

Text preceding or following the note

1974

Text of Note

The study examines some of the economic consequences of the CommonAgricultural Policy. It does so from a global view; the intention being toexircise economic theory within a recognisable framework. A these whichemerged wes one of unresolved conflict between various interest groups.The manipulation of farm prices has an impact upon the economic system,and this has been an object of study. Because produce prices determine thefortunes of some individuals in relation to others there are conflicts ofinterest; for eile the triangle of producers, consumers and taxpayers.But the advantages gained by producers will be limited by the elasticitiesof factor supply to the farm sector without limit to the costs imposed uponsociety, because of the 'open-ended' nature of the policy. Equally producersfind that a common met of produce prices cannot meet all the statedobjectives of farm policy and consequently conflicts follow within the farmvector. And more interesting conflicts flow for an economic union in whichthe taxation unit does not correspond to the political unit. There istaxation without representation in that consumers pay inflated prices toforeign farmers. Other issues which arose included the location of productionand the determination of a foreign trade policy, both of which involve theadvantages to be gained by the nation as against that of the larger grouping.A serious conflict is that caused by the interplay of exchange ratevariations and common intervention prices, because then the farm policyhas a direct impact upon national macro-economic policy. It would seesthat the present farm policy must be modified if it in not to prejudge thequestion of greater or lesser flexibility in national exchange rate regimes.

Swinbank, A.

London School of Economics and Political Science (University of London)

Electronic name

p

[Thesis]

276903

a

Y