Artikel

Tiresome subsidies — the nuisance of subsidies distorting international competition

Subsidies are not only a nuisance to the tax payer financing them but in a world economy in the process of integration they are also distorting competitive conditions. Most annoyingly it is not only impossible to abolish subsidies but, what is even worse, they are propagating themselves. Any competitive advantage the economy of a State with a propensity to subsidise obtains, gives the competitors in other countries an appetite for similarly generous support—a demand that in a pluralistic society will easily find a willing ear. In the following contributions our authors will try to give a survey of subsidisation in Federal Germany, France, the United States and Britain, and to answer the question of to what extent the subsidisation of certain economic branches is influencing competitiveness on an international level.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 0020-5346 ; Volume: 01 ; Year: 1966 ; Issue: 3 ; Pages: 9-21 ; Hamburg: Verlag Weltarchiv

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Wolfslast, Jürgen
Event
Veröffentlichung
(who)
Verlag Weltarchiv
Springer
(where)
Hamburg
(when)
1966

DOI
doi:10.1007/BF02922793
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Wolfslast, Jürgen
  • Verlag Weltarchiv
  • Springer

Time of origin

  • 1966

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