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http://www.bized.co.uk Copyright 2006 – Biz/ed The Common Agricultural Policy and the Common Fisheries Policy
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http://www.bized.co.uk Copyright 2006 – Biz/ed CAP/CFP
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http://www.bized.co.uk Copyright 2006 – Biz/ed Common Agricultural Policy (CAP)
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http://www.bized.co.uk Copyright 2006 – Biz/ed Aims: Secure food supplies Expand output Increase productivity Stabilise prices Secure farm incomes
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http://www.bized.co.uk Copyright 2006 – Biz/ed Problems: Inefficiency in some markets Over production Cost Friction with other trading nations
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http://www.bized.co.uk Copyright 2006 – Biz/ed Reforms: Reduce subsidies Cut output: set aside/reduce quotas Encourage diversification Payments for environmentally efficient methods of farming
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http://www.bized.co.uk Copyright 2006 – Biz/ed Common Fisheries Policy (CFP)
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http://www.bized.co.uk Copyright 2006 – Biz/ed Aims Maintain marine ecosystems Generate sustainable industry Protect stakeholders in fishing industry Protect fish stocks
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http://www.bized.co.uk Copyright 2006 – Biz/ed Problems Over-fishing Lack of property rights Dwindling fish stocks Damage to communities Clarification of numbers What size quotas?
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http://www.bized.co.uk Copyright 2006 – Biz/ed Reforms Quotas Payments to leave the industry Ban on fishing for some species Focus on long term sustainability Reduce waste Encourage bio-diversity
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