ABSTRACT

This chapter deals with the country-by-country impacts of specified policies and policy changes, as measured by a few financial and economic variables. Supported by a favourable political configuration, the country’ s agriculture has steadily increased output, driving up the self-supply index in most products. The overall budgetary impact on the country of such a Community policy is adverse since expenditure within Germany falls by a sixth, with a consequent decrease in net agricultural expenditure, although the national financial contribution to the Community budget deficit also falls somewhat. The elimination of Community budgetary flows would hardly compensate for such a traumatic experience, but the figures are of interest as an indication of the level of protection enjoyed by the Community’s highest-priced agricultural producers. As the Community’s largest agricultural producer, responsible for about 30 per cent of total production, France has always enjoyed a special position within the development of the Common Agricultural Policy.