Policies
- – First pillar
- these subsidies distort the economy and waste public money without delivering value to society
- – Second pillar
- these subsidies could promote public goods, but often they do so poorly or not at all
- – Export subsidies
- they hurt poor farmers abroad and provoke trade conflicts
- – Milk quota
- they are incompatible with the very principles of the market economy
- – Tariffs
- they punish the European manufacturing and service sectors and serve as a pretext for protectionism worldwide
