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Abstract

Modern Concepts & Developments in Agronomy

The Cap Dualism-Efficiency or Competition

  • Open or CloseMinko Georgiev*

    Department of Economics, Bulgaria

    *Corresponding author:Minko Georgiev, Department of Economics, Agricultural University, Plovdiv, Bulgaria

Submission: August 12, 2019;Published: August 12, 2019

DOI: 10.31031/MCDA.2019.04.000601

ISSN: 2637-7659
Volume5 Issue1

Abstract

The Common Agricultural Policy of the EU (CAP) contains incentives for consolidation of resources and integration of organizations. The entire CAP follows the concept of efficiency achieved through product structure optimization and economies of scale. CAP imposes an advantage for the concept of efficiency at each level of the economic system. For this reason, integration-horizontal and vertical [1]-has been imposed as more important for farmers than competition.

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