ISSN 2284-7995, ISSN Online 2285-3952
 

BENEFITS OF IMPLEMENTING THE COMMON AGRICULTURAL POLICY IN THE EUROPEAN UNION IN THE PERIOD 2014-2020 AND ITS FUTURE

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 22 ISSUE 1
Written by Sebastian GUT

This article details the implementation of the Common Agricultural Policy in the European Union on Member States in the period 2014-2020 by highlighting the measures applied, the values allocated and the resulting gains. The funds used under this policy are the European Agricultural Guarantee Fund (EAGF) and the Agricultural Fund for Rural Development (EAFRD) on the basis of agreements between the European Commission and the Member States. The World Trade Organization (WTO) has responded positively to the implementation of reforms and the achievement of the objectives of the European Union's agricultural policy by accelerating development, increasing competitiveness and modernizing the agricultural sector. The Community agricultural sector has developed internal markets, diversified marketed products and developed the activity of services together with a correct efficiency of the use of renewable energy. These targets have had an important effect on protecting the environment through the responsible use of natural resources. The methodology used focused on the study of bibliographic sources, the collection, processing, analysis and interpretation of data provided by the European Commission but also by articles published in journals. Following the research carried out on the basis of the article, the following results were obtained: a) the desire of the European Commission to improve the common agricultural market since its establishment with each implemented period; b) raising awareness among Member States about the maximum use of the two European funds EAGF and EAFRD (currently the average percentage allocated by states was 59%); c) clarifying the European market but also encouraging trade with non-EU countries; d) highlighting in the article and in the tables the data on the topics addressed e) a structured picture of the evolution of the common agricultural policy from the establishment to the present, continuing with a much more concrete future. The formulation of the conclusions followed the situation of the allocated funds, the amounts used, the achievement of the targets and the measures that can be taken further in order to support the activities in the agricultural environment.

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GUT S. 2022, BENEFITS OF IMPLEMENTING THE COMMON AGRICULTURAL POLICY IN THE EUROPEAN UNION IN THE PERIOD 2014-2020 AND ITS FUTURE. Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 22 ISSUE 1, PRINT ISSN 2284-7995, 249-258.

The publisher is not responsible for the opinions published in the Volume. They represent the authors’ point of view.

© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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