It is often argued that the process of globalization has mainly favoured large-scale multinational companies which are able to organize their business efficiently within internal hierarchies. However, globalization has not only pushed cross-border intra-finn transactions but also other...

Seven years after the transition from plan to market, it is hard to summon up much enthusiasm for the results of active restructuring of the eastern German economy. Although companies have made considerable efforts to reach the efficiency level of their western German counterparts, the gap is...

Die wirtschaftliche Entwicklung in den neuen Ländern ist im Begriff, sich immer mehr auszudifferenzieren. Standorte, die im Windschatten der Wachstumsknoten liegen, haben dabei das Nachsehen. Der Nordosten Brandenburgs ist einer dieser Standorte. Um zu einer Arbeitsteilung mit den benachbarten...

Ab 1993 soll der innergemeinschaftliche Verkehr von Waren, Dienstleistungen, Personen und Kapital von allen wesentlichen Schranken frei sein. Damit entstünde der in der Welt größte inländische Absatzmarkt für Güter und Dienstleistungen, der innereuropäische Kapitalmarkt käme an...

This paper is an attempt to bring the two sides together. It will demonstrate, on the, one hand, - that internal and external liberalisation of trade in goods and services does substantially raise potential output and its growth path and - that it, therefore, pays to anticipate these gains in...