Towards an internationalization of competition policy

Article Abstract:

Economic globalization requires the formulation of international competition policies. This is due to unnecessary transaction costs of compliance created by the differences in national legislations and the absence of international agreements. An international agreement must be reached on restrictive business practice standards. Mutual trust based on shared values is the key element in reaching international competition policies.

Standards, World Trade Organization, International competition (Commerce), International competition (Economics)

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Should Clinton cut the deficit or is there a global paradox of thrift?

Article Abstract:

President Clinton's proposed reduction of the US budget deficit should be implemented, but not immediately. US interest rates will affect US expenditures abroad, which in turn will influence the economies of both industrial and developing countries. If US interest rates rise, global recession will increase, but if interest rates fall, the current global recession will only be temporary.

International aspects, Government spending policy, Budget deficits

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Investment incentives and the international agenda

Article Abstract:

Two development processes that are considered incentives for foreign direct investors are the increased use of investment incentives by national and subnational governments, and the growing prominence of investment issues on the plans of regional and global organisations. Countries should obtain pledges aimed at decreasing the level of incentives given a fairly lengthy time-scales.

Administration of General Economic Programs, Investment Incentives to Foreign, Management, Foreign investments, Investment incentives

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