From Common Policy to Common Institutions. Institutional Arrangement in the International System on the Example of the Common Agricultural Policy
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
The paper aims to present the importance that institutional arrangements play in the economic systems
beyond the scope of one country. The authors attempts also to evaluate impact that the institutional arrangement
of the European Union’s Common Agricultural Policy plays for the development of agriculture and rural areas
in Poland. The paper argues that institutional arrangement of mechanisms and instruments of CAP, especially of
single market and financial solidarity, leads participants of this system to obtain additional value not only in form
of financial benefits, but also in form of economic profits resulted from uncertainty avoidance of free market.