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Common Agricultural Policy of the European Economic Community and the Developing World

By R .S . Nigam and Adarsh Gulati THE COMMON Agricultural Policy of the European Economic Community, in its endeavour to safeguard the interests of the European farmers, has evoked a great many repercussion on countries outside the EEC system, especially the developing ones, for its impact on their exports of agricultural products (both to the Community and to the rest of the world) which are a major source of foreign exchange earnings for them. This policy, commonly known as CAP, has been since its inception a target of criticism for its self-centred "inward-looking' character, more precisely, for its concern merely with the economic well-being of its own members without regard to its impact on the Third World.