WTO and World Trade
ISBN:
978-3-7908-1579-5
Auflage:
2005
Verlag:
Physica
Land des Verlags:
Deutschland
Erscheinungsdatum:
11.04.2005
Herausgeber:
Reihe:
Contributions to Economics
Format:
Softcover
Seitenanzahl:
324
Lieferung in 3-4 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
Giinter S. Heiduk* and Kar-yiu Wong** * Institute of International and Regional Economic Relations, University of Du- burg-Essen, Campus Duisburg, Germany ** Department of Economics, University of Washington, Seattle, USA The rapid growth of world trade has become one of the most phenomenal features of the international order after the World War. While different countries were - periencing various growth rates of their economies, most of them found out that foreign trade grew much faster than their economies. As a matter of fact, for most economies, foreign trade has been determined to be one of the biggest and the most consistent contributors to economic growth. Nowadays world trade is a very complicated phenomenon because it is not just an economic but also a social, political, environmental, labour, and legal matter. Economists care about world trade because economies are getting more and more open and world trade is related to the properties of open economies. Government planners care about world trade because it is related to many issues that the economies are facing: Resource allocation, income distribution, employment, p- duction, consumption, government revenue, economic growth, and economic w- fare. A right trade policy will enhance the economic welfare and growth of the economy in a more harmonious and equitable way. A wrong policy, however, could spell disaster.
Wirtschaftsstandort Österreich: Wettbewerbsfähigkeit und nachhaltige Entwicklung
Erscheinungsjahr:
2025