01 Dec 2005

Who finances the Queen’s CAP payments? The CAP as a dooH niboR Scheme

Richard E. Baldwin

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Drawing on data now available as a result of the Freedom of Information Act in the UK, economist Richard E. Baldwin reveals in this new CEPS Policy Brief some astonishing statistics demonstrating just how radically skewed the CAP payments are towards the largest farm owners. He argues that the CAP’s digressive features should be reformed as part of the newly expanded EU budget plan and that the new EU10 member states, which suffer the greatest injustice under the EU’s agriculture payments scheme, are the obvious ones to push for it.