Markt und Wettbewerb sind in der Bundesrepublik Deutschland als ordnungspolitische Konzeption nicht konsequent verwirklicht worden. Schon das Gesetz gegen Wettbewerbsbeschränkungen stellte sieben Wirtschaftsbereiche (darunter die Landwirtschaft, den Steinkohlenbergbau, die Eisenschaffende...

Ziel der sechsten GATT-Runde ist es, die Schranken im Welthandel weiter abzubauen. Anders als bei den fünf früheren GATT-Runden herrscht dieses Mal in vielen Ländern Skepsis gegenüber einer weiteren Liberalisierung, weil man die Risiken, die mit zunehmendem Importwettbewerb verbunden sein...

The need to expand the export of manufactures from less developed countries has now been realised by national and international bodies. To device meaningful policies, it seems necessary to understand whether and how the share of manufactures in a country's total exports is related to certain...

Table of Contents: Herbert Giersch, Gottfried Haberler, Jan Tumlir, Juergen B. Donges, Bela Balassa, Europe's Role in the World Economy; Fritz Machlup, Johann Schollhorn, Norbert Walter Pascal Salin, Roland Vaubel, Roads to Monetary Union; Willi Albers, Fritz Neumark, Carl S. Shoup, Dieter...

The purpose of this essay is to re-assess the case of outward- oriented trade regimes in the process of economic development. The nature of outward-orientation is briefly explained in the next section. As developing countries usually start their industrialization through import substitution...

The purpose of this paper is to discuss major factors behind failures and successes in structural adjustment. The analysis includes the experience of four major European countries: France, Italy, the United Kingdom and West Germany. These countries are known for diverging performances. Germany...

After World War II, all industrial countries have reached a level of prosperity unprecedented in history; many developing countries and several socialist countries have experienced notable economic growth too. The post-war multilateral trading and monetary systems have been singled out by...

Economist's thinking about the role of international trade in the process of economic development exhibits a cyclical behaviour. The classical thinking, which held sway until the 1930s, emphasized the crucial role of trade in promoting growth through the optimal allocation of resources made...