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by Galaxeblaffer
565 days ago
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Denmarks agricultural performance is not great at all. it's way too expensive to produce stuff. if it wasn't for EU subsidies the agricultural sector in Denmark would loose over 50% of their profits. To drive the point home the agricultural sector in Denmark only makes up 3.6% of the bnp and 4.3% of exports while taking up 60% of Denmarks total area and employing around 3.9% of the working population. i think Denmark can easily let go of 10% while only having miniscule effects on the economy. Denmark is a very small country and technically has no truly wild nature. |
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Agriculture in the EU is renowned for not being financially unjustified. For decades it's been a finantial no-brainer to import the bulk of agricultural products from south America and Africa. This is not new or the result of some major epiphany, it's the natura consequence of having an advanced economy and a huge population with high population density. The EU already imports 40% of the agricultural products it consumes.
EU subsidies were created specifically to mitigate the strategic and geopolitical risk of seeing Europe blockaded. Agricultural subsidies exist to create a finantial incentive to preserve current production capacity when it makes no finantial sense, and thus mitigate a strategic vulnerability.