Macroeconomic Monitor

2012.11.19

The CAP and market distortion

In recent months, dealing with the financial crisis in the eurozone has logically been the main issue on the agenda of the Old Continent. The focus, intentionally or not, has been shifted from the remaining serious challenges facing European bureaucrats. The widely publicized, but difficult to implement at this stage, reform of the Common Agricultural Policy (CAP) could …

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