We present a model of policy development in which competing factions have different ideologies, yet agree on certain common objectives. Policy developers can appeal to a decisionmaker by making productive investments to improve the quality of their proposals. These investments are specific to a...

The growing importance of Japan on the world market has brought with it changes in the international division of labour and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares of the EC, the USA and Japan in international trade?...

Aus der Einleitung: Die historische Analyse des Verzerrungsproblems bildet den ersten Teil dieser Arbeit. Es erweist sich, daß der Gesichtspunkt der volkswirtschaftlich richtigen Verwendung der Produktionsfaktoren bei der Erörterung der Verzerrungsfrage eine dominierende Rolle spielt. Aus...