Skip to main content

Advertisement

Table 1 The 2006 sugar reform. Overview of the relevant modifications

From: The effect of EU 2006 sugar regime reform on vertical price transmission

Type of measures Trend in comparison with pre-reform status
1. Guaranteed price system Reduction of price support
2. Production quotas Promotion of reduction of both in-quota and out-of-quota production
3. Market withdrawals Termination of public intervention
4. Restructuring Radical change in the approach (from “helping laggards” to “selecting the best”)
5. Regulation of import Improved market access for sugar produced in LDCs and in non-LDC ACP countries
6. Export refunds Greatly reduced room for recourse to subsidised exports
  1. Source: Adapted form (Areté srl Research and Consulting in Economics, 2012)