This monograph was prepared under the Multi-Annual Programme 2015-2019 “The Polish and the EU agricultures 2020+. Challenges, chances, threats, proposals”. The publication is a collection of selected papers delivered at the 22th edition of the International Scientific Conference organized by the Institute of Agricultural and Food Economics - National Research Institute. The theme of the conference was "The Common Agricultural Policy of the European Union – the present and the future. The conference was placed on 5-7 December 2017 in Stary Jab􀃡onki in Poland. Common Agricultural Policy was and still is one of the key pillars of European integration. Published in two volumes materials refer directly to the current and future of the CAP in EU and non EU member states, the strategic objectives and principles of agricultural policy for the agri-food sector and rural areas, address the issues of equilibrium between agriculture, forestry and land use, relate to the dilemmas for the EU budget and the CAP after 2020, CAP instruments and their adjustment, transformations of the rural economy and programming of the rural and agricultural policy, as well as productivity and production efficiency and tensions between sectoral action and between different models of territorial activities. Chapters: Urban agriculture: a framework for agricultural policy – present and future. Land market and a village-keeping model of the agrarian system of Ukraine. Agrarian policy in the European Union and financial support to Serbia. Ukrainian agricultural market regulation tools: their effectiveness and directions of improvement. The Common Agricultural Policy of the European Union and the ways of its implementation in Ukraine. Farm’s financing patterns and financial system development: evidence from Ukraine and Poland. The moratorium on agricultural land sale as a limiting factor for rural development. Solutions to the problems of rural territories development as a sign of their positive brand.