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The Evolving Sphere of Food Security$
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Rosamond L. Naylor

Print publication date: 2014

Print ISBN-13: 9780199354054

Published to Oxford Scholarship Online: October 2014

DOI: 10.1093/acprof:oso/9780199354054.001.0001

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Political Economy of EU Agricultural and Food Policies and Its Role in Global Food Security

Political Economy of EU Agricultural and Food Policies and Its Role in Global Food Security

Chapter:
(p.122) 5 Political Economy of EU Agricultural and Food Policies and Its Role in Global Food Security
Source:
The Evolving Sphere of Food Security
Author(s):

Johan Swinnen

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199354054.003.0005

Policies designed to protect and subsidize agriculture have been a key part of the European Union (EU). For much of the past 50 years, critics have argued that its Common Agricultural Policy (CAP) contributed to global poverty and food insecurity by exerting downward pressure on agricultural commodity prices in world markets. Increasing pressures for policy change from inside and outside the EU led to a series of reforms over the past three decades. These reforms caused a shift in the nature of the subsidies, with a much smaller impact on production and trade, while maintaining support for farmers. Subsidies have been increasingly linked to achieving environmental objectives. After these reforms of the CAP, the EU now faces a somewhat paradoxical situation: while its agricultural policies no longer push global agricultural and food prices down, global food security problems are now attributed to high food prices.

Keywords:   European Union, Common Agricultural Policy, export subsidies, policy reform, WTO

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