Industrial and Trade Policy in Germany

The present study is part of a collaborative research project under the title "International Joint Research on the Market Systems of the Three Economies", i.e. Japan, the United States and Germany. Project partners are the Japan Research Institute, the Centre for Strategic and International Studies, Washington DC, the HWWA Institute for Economic Research, Hamburg, and the Royal Institute of International Affairs, London. The project aims at providing countries in transition and developing countries with a map of alternative routes for their burdensome journey towards a well working market economy.
The focus of the project was on two major features of the market systems: Corporate Governance (Schmidt/Drukarczyk/Honold/Prigge/Schüler/Tetens, Corporate Governance in Germany, 1997, ISBN 3-7890-4623-X) and Industrial and Trade Policies. The present study deals with German industrial and trade policy against the background of the current debate on Germany"s quality as a business location, the country"s underlying philosophy of »Ordnungspolitik« and market competition, Germany"s membership in the European Community, and the challenges posed by German unification.