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Social Market Economy - The Case of Germany (Hardcover, 2014 ed.)
Loot Price: R3,676
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Social Market Economy - The Case of Germany (Hardcover, 2014 ed.)
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The book presents the economic policy model known as "Social Market
Economy" in Germany, the country where it originated. Although the
model has since been adopted as core objective in the EU Treaty of
Lisbon, experts still disagree on its exact nature. The author
contributes to this debate by presenting the German economic system
from an external perspective and looking at the extent to which it
enabled the country increase its weight in international relations.
The systems history, identity, political and economic concepts,
including ordoliberalism, are analyzed. Its potential and
shortcomings are assessed by comparing it to other forms of
capitalism. A brief enquiry is made into whether the "Social Market
Economy", or aspects of it, are applicable to other countries,
including in Eastern Europe. Providing both theoretical and
practical aspects, the book offers a valuable resource for
researchers, public administration professionals, and policymakers.
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