The EEC Commission has to try to do a better selling job in the United States - not just in Washington and New York - to counter the trend to neo-isolationism. If representatives of the US-Government and the Common Market countries could find their way to round table again this might lead to an...

The existing balances on the current accounts of the major industrialised countries have given rise to demands, addressed particularly to German economic policy-makers, which amount to a revitalisation of the "locomotive theory". However, were the world economy once more to be "reflated" in...

The disequilibria in the world economy, of which the massive trade and current account deficits of the USA are but one manifestation, have reached dangerous proportions. The following article presents a number of scenarios to show how they may develop in future.