Abstract
The chapter illustrates instruments available to deal with volatility, indicating advantages and disadvantages based on implementation experience. The role of market instruments as a product safety-net and that of decoupled payments is to make farms less vulnerable to fluctuations in prices and to provide an income safety-net independent of the market situation. Current CAP instruments need to be adjusted to achieve the objectives of market stability in light of the medium-term market perspectives, in the most effective and efficient way. A concluding paragraph indicates broadly what type of instruments could be suitable in a post-2013 context.
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Notes
- 1.
Directorate for Agriculture estimates calculated using FADN data.
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Velazquez, B. (2011). Dealing with Volatility in Agriculture: Policy Issues. In: Piot-Lepetit, I., M'Barek, R. (eds) Methods to Analyse Agricultural Commodity Price Volatility. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-7634-5_12
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DOI: https://doi.org/10.1007/978-1-4419-7634-5_12
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