The German federal government's fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission's QUEST model to gauge the impact of the package on Germany and the...

Since the establishment of UNCTAD in 1964 as a permanent organisation for the promotion of the developing countries' trade and development interests, the substantive issues and problems have remained more or less the same. Dr. Ezenwe analyses the reasons why a yawning gap exists between...

"The flow of goods, services, capital, current payments and other transactions of trade across frontiers … is fundamentally free …" - with these words begins the German Außenwirtschafts-Gesetz - AWG (Foreign Trade Act), Article Number One. After this Law had been passed in 1961, many...