The global wine industry is a continually modifying market impacted by financing, culture, and politics. Economics, Governance, and Politics in the Wine Market follows developments in
European agriculture policies on wine legislation and market trend orientation between political power and market structure, from their inception through recent reforms. This political
economic analysis seeks to explain the implementation of wine policies applied to production management in Europe.
Gaeta and Corsinovi use The Public Choice model to describe bargaining and trade-off in agriculture wine policy by governments, producers, and critical industrial organizations. They argue
that market problems cannot be analyzed without an understanding of the motives and processes behind upstream policy decisions. With the book’s theoretical approaches and famous case studies,
readers become agricultural wine experts capable of navigating the current complex wine market of the European Union.
