After the Milk Mountain, Can the Summit Be Reached?

Article Abstract:

Provisional agreements have been reached at the Brussels European Economic Community (EEC) summit for a milk reduction policy and a formula for discontinuing monetary compensation amounts (MCAs), an agricultural subsidy system. Details of both these agreements are given. Unlike the agricultural ministers, the foreign ministers have been unable to achieve progress on budgetary issues. The British have steadfastly refused to consider an increase in payments to the EEC revenues, unless limits on member payments are instituted. A compromise in the form of a rebate appears to be gaining favor.

Conferences, meetings and seminars, Laws, regulations and rules, National government, Federal government, Subsidies

---

The Stony Farm Path to the Summit

Article Abstract:

Reform of the European Economic Community's (EEC) Common Agricultural Policy (CAP) is a top priority of the Brussels summit in March. A reduction in surplus milk production and elimination of monetary compensation amounts (MCAs) for farmers are two goals of the reformers. The British oppose any agreement which increases the cost of CAP. Prime Minister Thatcher is committed to a ceiling being placed on Britain's contribution to the EEC budget. The reform proposals have not been thoroughly researched and if implemented, may cost the EEC more in the end than the present systems.

---

Marx and Malthusianism: Marx's Secular Path of Wages

Article Abstract:

Marx' growth model is extended to consider population growth and the prevention of falling wages. A wage equal to the known value of labor power is consistent with population growth. With labor demand increasing, a downward pressure on wages results from population growth. Marx failed to recognize population control.

Economics, Demographic aspects

Similar abstracts:

• Abstracts: Uncertainty, health-care technologies, and health-care choices. Extrinsic Uncertainty Revisited
• Abstracts: Learning from the behavior of others: conformity, fads, and informational cascades. User-producer interaction, learning and comparative advantage
• Abstracts: Dissolving a company. Recent amendments to Kuwait's Companies Law. Total board remuneration and company performance
• Abstracts: Estimating the demand for housing, land, and neighbourhood characteristics. Pooled estimators vs. their heterogeneous counterparts in the context of dynamic demand for gasoline
• Abstracts: A case for happiness, cardinalism, and interpersonal comparability. Comments on T. Eggertsson, "Limits to institutional reforms."

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.