Germany and its foreign economic policy (1981-1994). On the Single Market, GATT and multilateralism
Schirmann, Sylvain
Germany and its foreign economic policy (1981-1994). On the Single Market, GATT and multilateralism - 2021.
81
As a major trading power in Europe, Germany intended to profit from the aftermath of the second oil shock of economic globalization. This was its response to the economic disruption of the 1970s. The opening of economic borders was a vital necessity for the FRG. Bonn sought to achieve this by bringing European partners to a project for a single European market. But this was not an end in itself, in so far as German leaders considered it as part of a global scheme of trade liberalization that had to be achieved through the Uruguay Round. Reunification did not call this perspective into question. On the contrary, in the early 1990s, a strategy for Asia underlined that the FRG did not limit its field of action to Europe, but intended to be present in the emerging areas of the world economy.
Germany and its foreign economic policy (1981-1994). On the Single Market, GATT and multilateralism - 2021.
81
As a major trading power in Europe, Germany intended to profit from the aftermath of the second oil shock of economic globalization. This was its response to the economic disruption of the 1970s. The opening of economic borders was a vital necessity for the FRG. Bonn sought to achieve this by bringing European partners to a project for a single European market. But this was not an end in itself, in so far as German leaders considered it as part of a global scheme of trade liberalization that had to be achieved through the Uruguay Round. Reunification did not call this perspective into question. On the contrary, in the early 1990s, a strategy for Asia underlined that the FRG did not limit its field of action to Europe, but intended to be present in the emerging areas of the world economy.
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