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Die Vorstellung, die Wirtschaftspolitik könne auf die Globalisierung durch eine internationale Kooperation und Harmonisierung etwa der Sozialnormen antworten, ist ökonomisch nicht wohl begründet. Es ist eine Illusion, die Bedingungen für den Produktionsfaktor Arbeit weltweit harmonisieren zu...
Persistent link: https://www.econbiz.de/10010265347
environmental issues are distinguished. In principle, there is no conflict between an institutional order for international trade … a trade strategy are not justified. Uncertainty in international trade arising from environmental policy should be … limits of territorial sovereignty, and of country-of-origin. With respect to global issues, international agreements, trade …
Persistent link: https://www.econbiz.de/10010265269
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...
Persistent link: https://www.econbiz.de/10010265338
A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political ties between the United States and the European Union. This paper discusses the expected economic gains from such a free trade area for its members with respect to trade in goods...
Persistent link: https://www.econbiz.de/10010273144
, die über die Handelspolitik hinausgehen wie nationale Regulierungen und die nationale Wettbewerbspolitik. Bei nationalen … zu vermeiden. Der Wettbewerbspolitik fällt in einer weltwirtschaftlichen Ordnung die Aufgabe zu, unternehmerischen … Volkswirtschaften setzt und die zugleich einer möglichen Verbreitung des neuen Wissens in der Welt langfristig nicht im Wege steht. Beim …
Persistent link: https://www.econbiz.de/10010295167
Persistent link: https://www.econbiz.de/10010332863
Persistent link: https://www.econbiz.de/10010265337
The paper discusses the impact of high capital mobility for monetary and budget policy as well as for the Provision of public goods, for taxation, for wage policy and trade unions, for distribution policy, and for social security Systems. The mobility of porrfolio capital puts additional...
Persistent link: https://www.econbiz.de/10010265340
The paper analyzes how the next financial crisis can be prevented and which role the IMF should play. The paper distinguishes between the improvement of existing instruments and solving the moral hazard problem. Both issues are interrelated. The size of operation of the IMF creates a moral...
Persistent link: https://www.econbiz.de/10010265351
Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...
Persistent link: https://www.econbiz.de/10010265354