Arbeitspapier
Internal and external liberalisation for faster growth
This paper is an attempt to bring the two sides together. It will demonstrate, on the, one hand, - that internal and external liberalisation of trade in goods and services does substantially raise potential output and its growth path and - that it, therefore, pays to anticipate these gains in conceiving and conducting macro-economic policies. On the other hand, it will be argued that a macro-economic policy that is trade oriented and forward looking in this sense would allow trade negotiators and deregulators to deemphasise the direct losses of output and employment expected from removing restrictions and to anticipate a pull of demand that will facilitate the transfer of resources to alternative uses.
- Language
-
Englisch
- Bibliographic citation
-
Year: 1986 ; Kiel: Institut für Weltwirtschaft (IfW)
- Classification
-
Wirtschaft
- Subject
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EU-Binnenmarkt
EU-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Giersch, Herbert
- Event
-
Veröffentlichung
- (who)
-
Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (where)
-
Kiel
- (when)
-
1986
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Giersch, Herbert
- Kiel Institute of World Economics (IfW)
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Time of origin
- 1986
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