Еu integration: the meaning of the common agricultural policy

Authors

  • Nadiia Kryvenko Institute of Agricultural Economics

DOI:

https://doi.org/10.35774/visnyk2019.04.054

Keywords:

European Union, international economic integration, agricultural sector, common agricultural market, development, export.

Abstract

Introduction. Integration has reached its highest level of development in the EU, and particular attention is drawn to the agrarian integration and resolution of these problems at the beginning of the integration process. This in its turn confirms the significant importance of the agrarian sector for the member-states. Although, the majority of this market participant does not trade agricultural products. The growing global food problem, the positive consequences of the CAP for EU integration, the significant importance of the agricultural sector for Ukraine, which is one of the major exporters of some agri-food products, and the existence of a number of regional trade agreements confirm the importance of research of the Common Agricultural Policy (CAP).
Purpose. It is pivotal to explore the importance of the EU CAP for the development of EU integration, its goals and changes, the mechanism, the formation of a common market. In addition, it is a positive experience of the integration group and Ukraine can learn a lesson if manages to analyze the EU’s place in the world market of agricultural products.
Methods. The methods of theoretical generalization, historical method, method of analysis, comparison, and graphical method were used in the article for revealing the features of the CAP and the EU as an exporter of agricultural products.
Results. The research shows the importance of the agrarian integration of the EU (it is confirmed by the CAP) and the impact of the CAP on the development of integration. In the case of enlargement of the EU, difficulties are often caused by agrarian policy. The article analyzes the aims of the CAP, which varied during the group history depending on a number of factors, and it shows its flexibility and compliance with urgent problems. The creation of a common market and the use of appropriate regulatory measures (which can also be used by Ukraine) are analyzed. It is determined that the EU is one of the world’s major producers and exporters of agri-food products, and its export share of many product is more than 30% or even 50%.
Discussion. In further research it is advisable to focus on the stages and reforms of the CAP and to take into account some new aims CAP for the agricultural policy of Ukraine.

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Published

2019-12-03

Issue

Section

WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS

How to Cite

Kryvenko, Nadiia. “Еu Integration: The Meaning of the Common Agricultural Policy”. Herald of Economics, no. 4(94), Dec. 2019, pp. 54-69, https://doi.org/10.35774/visnyk2019.04.054.

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