MacSharry Reforms

MacSharry Reforms in Europe

Description of MacSharry reforms

The Concise Encyclopedia of the European Union describes macsharry reforms in the following terms: [1] Named after the (Irish) CAP commissioner, the MacSharry Plan rescued the GATT negotiations from failure in the early 1990s. The reforms were designed to maintain farm incomes through direct aid rather than through guaranteed product prices, thereby reducing surpluses. The immediate effect of MacSharry’s proposals was to raise the cost to the EU budget and to create a complex mountain of paperwork for farmers.

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Notas y References

  1. Based on the book “A Concise Encyclopedia of the European Union from Aachen to Zollverein”, by Rodney Leach (Profile Books; London)

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