Analysing agricultural policy reforms under transition in Bulgaria

The elaboration of an appropriate incentive system, including measures of agricultural price and trade policy has important consequences for Bulgarian agriculture. This paper offers a brief picture of the process of reform towards the establishment of a market economy in Bulgaria, as well as of the...

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Bibliographic Details
Published in:Food policy 2001-10, Vol.26 (5), p.475-493
Main Authors: Mergos, G., Stoforos, C., Mishev, P., Ivanova, N.
Format: Article
Language:English
Subjects:
Agricultural policy
Agricultural products
Agricultural protection
Agriculture
Bulgaria
EU accession
European Union
Export-import trade
Food policy
Market economy
Policy studies
Prices
Production, Agricultural
Reform
Trade policy
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Summary:The elaboration of an appropriate incentive system, including measures of agricultural price and trade policy has important consequences for Bulgarian agriculture. This paper offers a brief picture of the process of reform towards the establishment of a market economy in Bulgaria, as well as of the main developments in its agricultural sector. An analysis is then presented of the impact of alternative agricultural price and trade policy scenarios for the period up to 2002. The results show that the impact of price and trade policies is modest when compared to that of technological change and the increase in incomes. Adoption of the CAP will stimulate production, decrease demand and have strong adverse effects on consumers and taxpayers and wider negative effects on the competitiveness of the food industry. Thus the issue of extending financial support for structural policies rather than granting direct aid requires further investigation.
ISSN:0306-9192
1873-5657
DOI:10.1016/S0306-9192(01)00016-1