Globalization and the German Economy
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چکیده
Liberalization of markets is the most important prerequisite for the process of Globalisation. In fact, liberalization has the capacity to increase countries wealth more than development aid. Once developing countries like SouthKorea, Taiwan, Singapore and Hong Kong for example became the so-called economically successful Asian “Tiger states” of the 1980s. In Europe, Ireland is a similar example for such a lucrative development. In order to integrate more markets and production locations worldwide, world trade has to be further liberalized. The WTO has to be strengthened, trade barriers and obstacles to the liberalization of the service sector have to be removed and the agricultural market has to be opened.
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