Effects of EU CAP implementation on Bulgarian farms

This paper assesses impacts of EU CAP implementation on Bulgarian farms of different type and specialization. First, a framework for assessing the CAP effects on farms is presented. Next, an evaluation is made of the impacts of CAP on: economic results and income of farms; production and governance efficiency of farms; level of competitiveness of farms; and economic, social, and environmental sustainability of farms. Finally, factors for improvement of CAP impact on farms in the country are identified.