The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

The economic, political and climatic conditions in which farmers around the world have to make their production and investment decisions are changing dramatically. This study analyses the driving forces of changes in agricultural world markets and their implications for European Union...

After an extended process of reform the European Union has introduced direct payments to farmers which are decoupled from production decisions as a central element of its Common Agricultural Policy. They are also referred to as Single Farm Payments. In this paper we analyze the production and...

This paper has benefited greatly from a discussion of an earlier version with the participants of the first Humboldt Forum for Food and Agriculture in Davos, Switzerland in March 2009. Research has been made possible in part by a research grant from BASF SE - The Chemical Company. The first two...

The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

The economic, political and climatic conditions in which farmers around the world have to make their production and investment decisions are changing dramatically. This study analyses the driving forces of changes in agricultural world markets and their implications for European Union...

After an extended process of reform the European Union has introduced direct payments to farmers which are decoupled from production decisions as a central element of its Common Agricultural Policy. They are also referred to as Single Farm Payments. In this paper we analyze the production and...

Purpose The global demand for agricultural commodities may more than double in the second half of the twenty-first century. It has been suggested that rapidly growing world needs in food and agriculture can be met by expanding the acreage or cultivation of existing farmland. Because available...