Agricultural Reform in Slovakia

This paper analysis the development of Slovak agriculture during the country?s economic transition and during the parallel reforms of the common agricultural policy (CAP) of the European Union from a political-economy perspective. Agricultural-policy formation in Slovakia and the EU has been driven largely by political considerations, with relatively low emphasis on economic efficiency. CAP will have a profound effect on agricultural prices and on production and consumption levels in Slovakia. Agricultural producers? income is expected to increase, while consumer welfare is expected to decline due to the CAP.