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International Competitiveness, International Taxation and Domestic Investment

Published online by Cambridge University Press:  26 March 2020

Garry Young
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Extract

In recent years, international product markets have become more open as a consequence of a reduction in local trade barriers such as the completion of the single market in Europe and the North American Free Trade Agreement and through a reduction in worldwide trade barriers through GATT. The resulting increase in the competitiveness of global product markets has been intensified by the emergence of competition from the former Communist countries in Europe and rapidly developing countries from South East Asia.

Type
Articles
Information
National Institute Economic Review , Volume 148 , May 1994 , pp. 44 - 48
Copyright
Copyright © 1994 National Institute of Economic and Social Research

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Footnotes

∗

I am grateful to Andrew Britton, Geoff Mason and Nick Oulton for comments on an earlier draft and am pleased to thank the Leverhulme Trust for their financial support.

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