A Bond Scheme for Common Agricultural Policy Reform

The Common Agricultural Policy (CAP) is at an impasse. While it is said that existing policies are not tenable, all recent reform plans have been condemned as unacceptable. However, a “bond scheme”, as part of reform that pays more attention to society’s aspirations for the environment and rural development, offers a way forward. This book demystifies the bond scheme proposal and explores concerns expressed by farmers and policy makers. Written by economists, a political scientist and a practicing politician, it offers rare insights into EU farm policy.