''This book demystifies the bond scheme proposal and explores concerns expressed by farmers and policy makers. It reports on a major survey - undertaken in Germany, Portugal and the UK - of farmers' likely reaction to the introduction of a bond scheme, or similar partially decoupled payments such as the new Single Payment Scheme introduced by the Fischler reforms. Written by economists, a political scientist and a former Minister of Agriculture, it offers rare insights into EU farm policy and will be of significant interest to policy makers and students in agricultural economics and European studies.''. - Съдържа: Decoupled payments and a triad of policy objectives: compensation, farm income support and multifunctionality / Alan Swinbank -- Direct payments in the EU and their treatment in the WTO / Alan Swinbank -- Compensation proposals for EU farm policy reform / Jonathan Little, Thomas Knapp, Miguel Sottomayor and Alan Swinbank -- A bond scheme to facilitate CAP reform / Alan Swinbank and Stefan Tangermann -- From CAP to CARPE : embedding the bond scheme proposal in a comprehensive reform / Leonardo Costa, Arlindo Cunha, Ameфrico Mendes, and Miguel Sottomayor -- Why a bond scheme was not adopted in 1992 / Carsten Daugbjerg -- Implementing a bond scheme / Alan Swinbank, Jonathan Little, Thomas Knapp, and Miguel Sottomayor -- Asking farmers about their response to the proposed bond scheme / Richard Tranter, Leonardo Costa, Thomas Knapp, Jonathan Little, and Miguel Sottomayor -- A role for direct payments? the Doha Round, EU enlargement and prospects for CAP reform / Arlindo Cunha.*