Definition of CAP (Common Agricultural Policy of the European Union)

Considered one of the most important agricultural policies in the world, the CAP o PoliticsAgricultural The Common of the European Union is undoubtedly one of the most significant tools of this European political-economic union. The CAP focuses on the organization and systematization of all agricultural policies of those countries that make up the union, as well as generating subsidies and investments in large quantities to stimulate the agricultural sector. It is estimated that the CAP currently occupies almost half of the total budget of the European Union, representing that around 50 billion euros per year.

The CAP has existed since the late 1950s, at which time the different member nations of the European Union sought to establish a common framework for agricultural activity in order to order and revitalize the economies particularly affected after the two world wars. Thus, the main objectives of this Common Agricultural Policy were to increase the productivity

agriculture based on the promotion of technical progress and the assurance of force improving the standard of living of farmers and agricultural producers, stabilizing markets, maintenance of a good reserve of resources Y food, the development and establishment of logical and reasonable prices for the public.

In this way, once the objectives and interests of the nations that are part of the EU had been established, the action to be taken was basically to stimulate productivity. of the sector from the granting of subsidies, security for the labor forces of the rural environment and the increase of the community budget for this sector economic.

Throughout its history, the PAC has encountered numerous reforms that had to do with the different socio-economic vicissitudes of each moment. Today, this policy continues to maintain agriculture as one of the sectors with the highest investment in Europe.

Topics in PAC (Common Agricultural Policy of the European Union)