Focuses on the capitalisation of government support into land rents and prices, assessing the consequences of inflated asset values, and suggesting lessons for future policy making.

This book explores the policy implications of growing pressures for economic adjustment in the agricultural sectors of developed countries. It starts by describing the recent history of adjustment in the food and agricultural sector and assesses the current and future pressures for adjustments and their implications. Chapters provide empirical evidence on the magnitude of future adjustment in the agricultural sector under a continuation of existing policies and analyze the factors that affect farmers' ability to adjust to economic change. The book concludes by identifying lessons to be learned from recent reforms and evaluating future policy options.

This book examines the way in which agricultural and other policies affect how farmland changes hands, its value and use patterns.

This book engages in the controversies of the European Union’s Common Agricultural Policy (CAP) reforms, demonstrating how these are reiterated by mainstream theoretical approaches in the field. The reforms that the European Union’s CAP underwent during the last three decades were intended to make it less trade-distorting, more taxpayer-friendly and more able to meet the new challenges of environmental concerns and rural development/territorial cohesion. The outcome of the reforms has, however, contradicted these objectives, with the controversies being reiterated by the mainstream theoretical approaches in the field. European Union’s Common Agricultural Policy Reforms argues that these controversies are due to reductionist, rationalist and idealist assumptions with regard to the object of inquiry applied by mainstream approaches. It proposes an alternative critical approach that takes into account the role of real material factors. Critical realism is not just an alternative explanation of CAP reforms but an alternative theory of how explanations can be made, which enables readers to reflect upon and endorse the results of existing lines of research in proceeding towards deeper level theory.

The report looks at the evolution of Japanese agricultural policy over the last several decades, but maintains its analytical focus on policies currently in place. In addition to reporting a wide variety of statistics, much of which were provided by ...

This book examines the current magnitude and characteristics of risk-related policies in agriculture and what is known about the quantitative size of agricultural risks. It also looks at the on-farm, off-farm, and market instruments available to manage risk.

The report, comprising a main report and case studies on Canada, France, Greece, Japan, New Zealand, Norway and Switzerland, addresses socio-economic developement of rural areas.

This volume considers trade liberalisation and development from an economic perspective, aiming to examine these emotive issues using empirical approaches and dispassionate analysis.

This report provides an overview of the main characteristics and structure of the current Common Agricultural Policy (CAP) and its developments in the last 25 years.