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There seems to exist wides pread agreement on the superiority of free trade over other forms of trading systems with protectionism being accepted, at best, as a temporary device for slowing down adjustment processes. As against that, Dr. Hager argues that the markets of industrialised and...
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Since the seventies the existing order of international economic relations has been exposed to ever stronger pressures. Access to foreign markets must once again be regarded as a scarce commodity, since the far-reaching removal of tariff barriers has been more than compensated for by non-tariff...
Persistent link: https://www.econbiz.de/10011553348
The GATT Conference of Ministers scheduled for November will have to deal with those developments of recent years which have given cause to believe that GATT is increasingly being adapted to the trade practices of its signatories rather than itself serving as their guiding principle. Does such a...
Persistent link: https://www.econbiz.de/10011554726
In spite of all protestations and exhortations it is a fact that trade liberalization, the modern version of free trade, is caught in a crisis. Professor Detlef Lorenz is here analysing the causes of this crisis and suggesting alternatives for a future liberalization policy.
Persistent link: https://www.econbiz.de/10011557206
One of the many new publications dealing with the reform of the International trade system is the report of the Trade Policy Research Centre "Towards an Open World Economy". The following article analyses and criticises the main proposals of the report.
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