Fields of Gold: Lifting the Veil on Europe’s Farm Subsidies
Please also See the link: https://farmsubsidy.org/ ( PLEASE MAKE SURE YOU SEE THE LINK FOR A FULL UNDERSTANDING OF FIELD OF GOLD)
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The Common Agricultural Policy (CAP) is one of the very first European to have been enacted to support a struggling agriculture sector in the 1960s. Since then the policy has been in a constant state of reform, and the latest package was approved by the European Parliament in October 2020. While progress has been made, the reform package left environmentalists upset over the watered-down green aspects including eco-schemes, which have been delayed until 2025, and fairer distribution systems. What is the CAP, how did it get to where it is today, and what happened to the latest reform package? Most data and information for this video can be sourced in the book ‘The Economics of European Integration’ (6th Edition) by Richard Baldwin & Charles Wyplosz. 0:00 The History of the CAP 1:07 Explanations of Money Distribution 3:11 The First Reforms 5:20 The Latest Reforms © All Rights Reserved.