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			Common Agricultural Policy - 




Originally created with three main components: a single market for agricultural products, with common prices; a common external tariff (CET) on agricultural imports; and common financial responsibility. Its core is the guaranteed price system and the intervention (where food surpluses occur) system, administered by the European Agricultural Guidance and Guarantee                                                     




 Acronym: CAP





 Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm





	
	
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Common Fisheries Policy - Established in 1983 for a twenty-year period, and focusing on access to and the preservation of fish stocks. While all EC waters were to be open to all EC fishermen (except for a limited coastal range), fishing was governed by the Total Allowable Catch (TAC), a quota system for each Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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European Bank for Reconstruction and Development - Established in 1991 to provide financial aid to Eastern European countries that adopted a democratic form of government and had drawn up a strategy for transforming themselves into market economies. Acronym: EBRD Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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LIFE - A 1992 financial instrument to provide aid for environmental activities. Acronym: LIFE Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Own Resources - The possession by the EC of financial resources which belong to them as of right, consisting of customs duties, levies on agricultural imports, and a proportion of the value-added tax (VAT) levied by the Member States. Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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RENAVAL - A 1989 initiative of financial aid for the economic reconversion of areas heavily dependent upon ship-building. Acronym: RENAVAL Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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System for Safeguarding and Developing Mineral Production - A programme of financial assistance to Lomé Convention countries to maintain mining production and installations during marked downturns on the world economic market which affect their export earnings. Acronym: SYSMIN Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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System of Stabilization of Export Earnings - A programme of financial assistance to Lomé Convention countries reliant upon one or a few basic commodities where their export earnings to the EC have been severely and adversely affected by world market conditions. Acronym: STABEX Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Technical Data (1) - Recorded information, regardless of form or method of the recording of a scientific or technical nature (including software documentation). The term does not include computer software or data incidental to contract administration, such as financial and/or management information. Reference: ECRC University of Scranton / Defense Logistics Agency Department of Defense, United States Government "Military Handbook 59-A" 1993

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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.

 

WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
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