Im Zentrum: Regeln für den Güteraustausch Das GATT, das zentrale Regelwerk für den internationalen Handel mit dem Ziel, strategisches Verhalten einzelner Länder zu erschweren und kooperatives Verhalten zu stärken, muß weiterentwickelt und gefestigt werden. Das multilaterale Handelssystem...

The paper discusses the most important elements of an institutional order for a globalizing world economy. Rules for the exchange of goods, for factor movements, for the monetary domain and for the allocation of the environment are distinguished. It is analyzed in which direction these rules...

The ongoing process of globalization, which is boosted by technological and political catalysts as well, increasingly raises public concerns. It is feared that international integration will be accompanied by national disintegration, since the income distribution in rich countries will become...