HIGHLIGHTS
- who: H.Fiedler from the Institut have published the paper: Petersen 9 2022.indd, in the Journal: (JOURNAL)
- how: This Article discusses some basic theoretical considerations on the optimal degree of openness of an economy - and thus also on the ideal degree of economic autarky.
SUMMARY
Following a surge in globalisation in the wake of the fall of the Iron Curtain and China joining the WTO, the international division of labour has been increasingly characterised by protectionist tendencies in recent years. Negative labour market effects for individual sectors as well as . . .
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