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How can the crisis of liberalization trade be overcome?

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Intereconomics

Abstract

Since the seventies the existing order of international economic relations has been exposed to ever stronger pressures. Access to foreign markets must once again be regarded as a scarce commodity, since the far-reaching removal of tariff barriers has been more than compensated for by non-tariff restrictions.

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References

  1. On the politization of the problems cf., e. g., the study by H. Maull: Europe and the World Energy, London 1980, passim.

  2. K. W. Rothschild: Außenhandelstheorie, Außenhandelspolitik und Anpassungsdruck (Foreign trade theory, foreign trade policy and the pressure for adjustments), in: Kyklos, Vol. 32 (1979), p. 57 f. B. Gahlen uses a similar argument in a different context: “It may seem paradoxical but if we insist on a pure market solution, we end up with an interventionism which is not wanted by anybody.” B. Gahlen: Strukturpolitik und Soziale Marktwirtschaft (Structural policy and social market economy), paper read at the plenary session of Verein für Socialpolitik in Nuremberg on Sept. 15–17, 1980, quoted from IIM/dp 80-44, WZB, Berlin 1980, p. 6.

  3. Cf., for details, E. Minx: Von der Liberalisierungs- zur Wettbewerbspolitik. Internationale Wirtschaftspolitik zwischen Industrieländern nach dem Zweiten Weltkrieg (From liberalization policy to competition policy. International economic policy between industrialized countries after the second world war), Berlin, New York 1980, Chapters I, III and IV.

  4. Cf., e. g., G. Curzon, V. Curzon: The Management of Trade Problems in the GATT, in: A. Shonfield (ed): International Economic Relations of the Western World 1969–1971, Vol. 1, Politics and Trade, London, New York, Toronto 1976, p. 194.

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  18. Cf. K. Stegemann: Wettbewerb und Harmonisierung im Gemeinsamen Markt (Competition and harmonization in the Common Market), Cologne, Berlin, Bonn 1966.

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  20. Cf. also A. Lemper: Handel in einer dynamischen Weltwirtschaft (Trade in a dynamic world economy), Munich 1974, p. 146 ff.

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The article is based on the author’s previous research work at Freie Universität Berlin.

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Minx, E.P.W. How can the crisis of liberalization trade be overcome?. Intereconomics 16, 130–136 (1981). https://doi.org/10.1007/BF02924747

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