Translation of "théorie de la contingence structurelle " (French → English) :

Mr. Terry Norman: Some of them are allocated partly to certain countries to supply them, but they are technically multilateral most favoured nation tariff rate quotas with the potential for the supplies to come from any WTO member.

– the system of tariff quotas established provides very effective protection of the Community market outside the quota, but continues to allow a flow of imports of wheat and barley for which there is no raison d'être given that the Community market already has a structural surplus;

All this sounds simple in theory, but in reality there is more to it than just the technicalities of corporate reorganization and structural separation.

All this sounds simple in theory, but in reality there is more to it than just the technicalities of corporate reorganizations and structural separation.

The Redirected Mediterranean Policy provided for : * further limited concessions for agricultural exports covered by the agreements (reduction to zero of duties within tariff quotas to be reached in 1993 instead of 1995; a 3 to 5 % annual increase in tariff quotas over the 1992-1995 period); * a renewal of the Financial Protocols with Southern and Eastern Mediterranean countries[2] amounting to around 2 billion ECU (1 ECU = appox. 1.21 USD) in grants from the Community budget and European Investment Bank loans for the 1992-96 period; as well as two innovatory elements: * a special financial envelope destined to support structural adjustment operatio ...[+++]ns in these countries (300 million ECU for the 1992-96 period); * special funds to cater for horizontal co-operation, co-operation activities of interest to all MNC (1,8 billion ECU in EIB loans as well as substantial budget funds: approx. 300-350 million ECU over the 1992-96 period) activities of a regional nature and environmental projects have priority.

The established economic theory is clear: Where you have a sector producing such externalities or catalytic effects, taxation is the wrong policy and simply exacerbates the structural cost burden for industry.