The authors pick up the current discussion on taxation policy and tax competition. They provide a readily comprehensible description of tax competition phenomenon as well as a clear normative discussion of suitable and unsuitable forms of this competition. In doing so, they devise a system of...

In view of increasing globalization, today more than ever we are confronted with the question of whether the state is permitted to protect domestic companies from foreign-owned competition or if it should abstain from any form of protection. Lüder Gerken develops a basic ordoliberal theory of...