Economics, Governance, and Politics in the Wine Market: European Union Developments

by Davide Gaeta, Paola Corsinovi

Overview

The global wine industry is a continually modifying market impacted by financing, culture, and politics. Economics, Governance, and Politics in the Wine Market analyzes recent developments in European Agriculture policies on wine legislation and market trend orientation between political power and market structure.

Product Details

ISBN-13:	9781349485369
Publisher:	Palgrave Macmillan US
Publication date:	08/20/2014
Edition description:	1st ed. 2014
Pages:	253
Product dimensions:	5.51(w) x 8.50(h) x (d)

About the Author

Author Davide Gaeta: Davide Gaeta is Associate Professor at the Department of Business Administration at University of Verona, Italy, where he teaches economics of wine firms, wine policy, and economics of agri-food territorial systems. He has managed many private and public institutions, policy organizations and EU lobbies in the wine sector. Author Paola Corsinovi: Paola Corsinovi has a PhD in Wine Economics and Rural development. She lives and works in Bruxelles as researcher for wine union organisations and private firms. Corsinovi has been President of Young Florence and Tuscany Agriculture Association.

Table of Contents

1. The Political Scenarios and the Choices System 1.1 The Decision-Making Process: An Analysis of EU Agriculture Bodies 1.2 From the Common Agricultural Policy to the Single Common Market Organization 1.3 The Developments of European Wine Policies 1.4 An Analysis of How Wine CMO Resources Are Allocated between the Member States 2. Toward Market Equilibrium? 2.1 Economics and Market Instruments in a Few Examples 2.2 Production, Prices, and Supply Management 2.3 Wine Consumption and the Policy Paradox 2.4 The Stumbling Blocks Facing the International Wine Trade 3. Policy Bargaining: Lobby and Pressure Groups 3.1 Public and Private Interest to Lead the Choice: The Public Choice Approach 3.2 The Influence of Pressure Groups on Wine Sector Policies and Intervention Areas 3.3 Lobbying in the Wine Sector

Editorial Reviews

"A solid, insightful analysis with a focus on the role of bureaucracy and heavy-handed regulation of European wine markets. Political economic academics will find the analysis contained in this wonderful book instructive and the basis for generating many testable hypotheses, while wine industry participants will gain an improved lens on market and regulatory dynamics in Europe." - Gordon Rausser, Robert Gordon Sproul Distinguished Professor, University of California, Berkeley, USA
 

"This book is a comprehensive study on the political economy of the wine industry in the European Union, the world's largest wine producer. It describes in great detail how politics and lobbying influence market outcomes. This book fills a void in the current wine economics and wine politics related literature and has been overdue for at least three decades." - Karl Storchmann, Clinical Professor, New York University, USA; Managing Editor, Jourbanal of Wine Economics
 

"The EU is the largest wine market in the world, but also the most regulated. This book is the first to provide an overview of the many regulations in the EU wine sector, their emergence, and the political economy factors behind it. I believe it will be an important reference work for scholars, businesses, policy-makers, and whomever is interested in the EU wine market." - Johan Swinnen, Professor and Director, LICOS Centre for Institutions and Economic Performance, University of Leuven, Belgium

From the Publisher