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German foreign economic policy in the age of globalisation


  • Koopmann, Georg


Enhancing the competitiveness of German firms on foreign markets and preserving the attractiveness of Germany as a business location to foreign investors are the twin objectives of foreign economic policy (FEP) in Germany. Its scope extends far beyond conventional ?border? measures to encompass a broad range of ?domestic? policies, such as competition policy, technology policy, and the policies of regulation and subsidisation, as these policies are increasingly relevant in terms of international competition. German FEP is implemented at the national, supra-national (i.e. European) and international (i.e. WTO, OECD, G7, etc.) level under a number of constraints.1 Internationalisation of domestic economic policies also calls for FEP to be analysed in terms of international systems or institutional competition. The rivalry that occurs is between the immobile factors of production in different countries (including the legal, economic, social and political system), which vie for the only really mobile factor of production, namely capital (including technical knowledge).

Suggested Citation

  • Koopmann, Georg, 1998. "German foreign economic policy in the age of globalisation," HWWA Discussion Papers 56, Hamburg Institute of International Economics (HWWA).
  • Handle: RePEc:zbw:hwwadp:26395

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    References listed on IDEAS

    1. Weiss, Frank Dietmar & Heitger, Bernhard & Jüttemeier, Karl-Heinz & Kirkpatrick, Grant & Klepper, Gernot, 1988. "Trade policy in West Germany," Open Access Publications from Kiel Institute for the World Economy 374, Kiel Institute for the World Economy (IfW).
    2. Hinze, Jörg, 1998. "Regionale Entwicklung des deutschen Außenhandels in den neunziger Jahren," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 78(2), pages 111-118.
    3. Gernot Klepper, 1994. "Industrial Policy in the Transport Aircraft Industry," NBER Chapters,in: Empirical Studies of Strategic Trade Policy, pages 101-130 National Bureau of Economic Research, Inc.
    4. Hanns-Günther Hilpert & Wolfgang Ochel & Horst Penzkofer & Michael Reinhard, 1994. "Wirtschafts- und Technologiepolitik und ihre Auswirkungen auf den internationalen Wettbewerb : das Beispiel der Halbleiterindustrie," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 47(23), pages 08-23, October.
    5. Reilly, Tom, 1995. "The harmonization of standards in the European union and the impact on U.S. business," Business Horizons, Elsevier, vol. 38(2), pages 28-34.
    6. Damien NEVEN & Paul SEABRIGHT, 1995. "European Industrial Policy: The Airbus Case," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9509, Université de Lausanne, Faculté des HEC, DEEP.
    7. Hansen, Knud, 1989. "Wettbewerbspolitik und Strukturpolitik - Das Beispiel des GWB," Hannover Economic Papers (HEP) dp-134, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    8. Richard Baldwin & Paul Krugman, 1988. "Industrial Policy and International Competition in Wide-Bodied Jet Aircraft," NBER Chapters,in: Trade Policy Issues and Empirical Analysis, pages 45-78 National Bureau of Economic Research, Inc.
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