The EU’s R&D policy has recently come under the spotlight. It is a central element both in the review of the EU budget and in the so called Europe 2020 strategy, where the goal of increasing the level of investment in R&D in the EU to three percent of GDP is emphasized.

The report, written by Jorge Nuñéz Ferrer, Associate Research Fellow at the Centre for European Policy Studies (CEPS), analyses how the own resources system can be reformed to foster better decision-making in relation to policy-making in the EU. The author argues that a combined strategy of policy reform and changes in the own resources system is necessary and the report therefore proposes to finance the Common Agricultural Policy (CAP) in a different way.