Resource title

The German Economy and EU Industrial Tariff Reductions: Partial and CGE Analyses of a Stillborn Millennium Round

Resource image

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Resource description

The Millennium Round of MTNs, which was stillborn in Seattle, was supposed to have initiated wide-sweeping changes to the world's trading system. This paper deals with the impact on the German economy of some changes that might have been forthcoming from proposed liberalization strategies. It examines sectoral and global strategies with partial and general equilibrium methods. It underlines the advantages of more global strategies, but not only because the gains are significantly larger. The paper concludes that Germany in its own interests should throw its weight in the EU behind wide-sweeping liberalization and that developing countries stand to gain more from global liberalization.

Resource author

Dean Spinanger, Joseph F. Francois, Hans H. Glismann

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/17699

Resource license

Adapt according to the presented license agreement and reference the original author.