Political Economy of the European Union

When the nations of Europe got together to form a common market in the late 1950's, agriculture was important to their economies, and even more important to their cultures and societies. They therefore decided that they needed a Common Agricultural Policy (CAP). Created in 1962 under Article 39 of the Treaty of Rome, the CAP was the birth of what was called "Green Europe". It has been at the centre of debate during its history. It was reformed several times and with difficulty. The reason of the creation of the CAP was both economic and political. …