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This paper combines some of the most realistic components of the competitive and strategic trade literature to examine both socially and individually optimal domestic input policies in free trade areas (FTAs). When asymmetries in the number of firms, in the number of consumers, or in production...
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players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion … or not. In this paper we introduce general weighted voting games, where the value of a coalition is a random variable. We …
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Further gradual import liberalization in Hungary necessitates a comprehensive strategy in which there is a role to play for regulation of foreign trade as well as for financial, price and industrial policy. It is to be reassessed what conditions are required for first a partial, then a gradually...
Persistent link: https://www.econbiz.de/10015245528
The proposal of KOPINT—DATORG has a special role among concepts on import liberalization in Hungary, primarily due to its comprehensive approach. The concept, having received limited publicity so far, extensively utilizes the liberalization experiences of developing countries. It lays special...
Persistent link: https://www.econbiz.de/10015245561
The transformation of the Indonesian economy and building the basis of incomparably fast development started at the end of 60-ies. Moderate professional macro-level regulation, slow and gradual setup of market environment as well as an effective use of foreign support and advices were all...
Persistent link: https://www.econbiz.de/10015246253
Indicators of economic development of South Korea reflect outstanding progress. In the past three decades different phases of development succeeded one after another. The essence of general Park Chong Chu’s strategy was export-directed industrialization and import substitution with high import...
Persistent link: https://www.econbiz.de/10015246357