Agricultural and Biological Sciences
3 years ago

EU Agricultural Policy Boosts Rural Economy and Job Creation

Advances in economics, business and management research/Advances in Economics, Business and Management Research
Common Agricultural Policy – The Opportunities and Threats for Regions of European Union Member States
Ivan Byanov

Paper Summary

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The Common Agricultural Policy (CAP) in the EU aims to support farmers, increase agricultural productivity, and preserve rural areas. The policy has evolved over the years to meet new challenges and opportunities. Research using Eurostat data analyzed CAP budget expenditures, risk management tools in agriculture, and agricultural productivity indicators. The findings show that CAP helps keep the rural economy alive by creating jobs in agriculture and related sectors.