par Garcia Azcarate, Tomas
Référence Revue du marché commun, 520, page (451-456)
Publication Publié, 2008-07
Article révisé par les pairs
Résumé : Inflation is back. Admittedly, we are still far from the two digits of the years fallowing the oil crisis in some countries but according to Eurostat we are at 3.5% in the Eurozone as of March 2008, with peaks above 4% in Belgium, Luxembourg, Spain, Slovenia and Cyprus. The finger is being pointed at agricultural products for this change. The new Common Agricultural Policy (CAP), which has arisen from successive reforms since 1992, is supposed not only to have done nothing to «avoid the crime», but also acted as a jointly responsible accomplice. The time has come, it is said for a return to the founding principles and for restoring effective intervention mechanisms that will protect consumers today, and producers tomorrow, against such sudden price changes. The aim of this article is to give the reader some points of reflection so that he can put things into perspective, as much regarding the responsibility of agricultural products in inflation as of the CAP and its reforms. We conclude that it is necessary to preserve from the new CAP, like the apple of one's eye, the producers taking in hand their fate by themselves.