German Social Market Economy - An Option for the Transforming and Developing Countries

This study presents the economic system of the Federal Republic of Germany, the Social Market Economy. Its aim is to describe the elements of this system that ensure its openness, dynamism, efficiency, stability and social balance.

List of contents

Preface, Introduction and Summary, 1 Conceptual Foundations, 2 The Social Market Economy as Part of the General Order: Political, Normative and Historical Background, 3 Openness of the System, 4 Federal Structures, 5 Institutional Infrastructure, 6 Education System, 7 Monetary and Financial System, 8 Organization of the Labour Market: Free Collective Bargaining and Labour Market Policy, 9 Democratization of the Economy, 10 Social Security System, 11 The Relevance of the German Model to Transforming and Developing Countries, Notes

About the author

Detlef Radke

Summary

This study presents the economic system of the Federal Republic of Germany, the Social Market Economy. Its aim is to describe the elements of this system that ensure its openness, dynamism, efficiency, stability and social balance. Taking Germany as an example, the study thus seeks to identify what is specifically German about its market economy system rather than to explain how a market economy system works.

Product details

• Authors: Detlef Radke, Radke Detlef
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 31.01.2017
• EAN: 9781138166653
• ISBN: 978-1-138-16665-3
• No. of pages: 60
• Subjects: Social sciences, law, business > Business > General, dictionaries; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, Development economics & emerging economies, Development economics and emerging economies, BUSINESS & ECONOMICS / International / Economics & Trade