In recent years, although slowly, steps have been taken towards a greater liberalisation of the agricultural markets. However, agriculture still accounts for 66% of the protectionism in the trade for goods and services today. This explains, at least in part, its small impact on international trade, since it only represents 4% of the gross world product (World Bank, 2006). For EU member countries, agricultural protectionism derives from the CAP (Common Agricultural Policy). A thorough reform of the CAP would lead to losses in certain sectors, as we will see in the recommendations section. Nevertheless, other collectivities should...
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The economic benefits of publicly funded basic research: a critical review
The economic benefits of publicly funded basic research: a critical review
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