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Agricultural Policies in OECD Countries 2007

Monitoring and Evaluation

image of Agricultural Policies in OECD Countries 2007

This book is a unique source of up-to-date estimates of support to agriculture. Separate chapters describe and evaluate agricultural policies in each OECD country, including such important developments as the introduction of the single-payment scheme in the EU. This edition also includes a special chapter describing the revised method of estimating support to agriculture used for the first time in this report.

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Executive Summary

Agricultural policies in 2006 were implemented in the context of generally stronger world prices for agricultural commodities and continued US dollar weakness. On the domestic front, reform involved some further decoupling of support in the European Union through the Single Payment Scheme. Korea and Japan have both recently agreed on policy reform measures, while the United States is in the process of proposing new farm legislation to replace the current Farm Bill. Many countries are developing policies to stimulate biofuel production. Ongoing negotiations towards a Doha Development Agenda so far failed to reach agreement despite extensive talks, and the multilateral trade policy situation remained largely unchanged as a result.

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