Common Agricultural Policy

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The Common Agricultural Policy (CAP) is the agricultural policy of the European Commission. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has since then undergone several changes to reduce the EEC budget cost (from 73% in 1985, to 37% in 2017^[1]) and consider rural development in its aims. It has however, been criticised on the grounds of its cost, its environmental, and humanitarian effects.^[2]^[3]

^ "An Overview of the Common Agricultural Policy (CAP) in Ireland and potential regional and sectoral implications of future reforms" (PDF). Parliamentary Budget Office (PBO) of the Houses of the Oireachtas (Irish Parliament). 17 August 2018. Retrieved 22 April 2019.
^ "The draft 2015 CAP budget". 25 July 2014.
^ Glenny, Misha (2008). McMafia: A Journey Through The Global Criminal Underworld. Knopf. p. 10. ISBN 978-1400095124.