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

1st Edition

Detlef Radke

Routledge
Published December 31, 1995
Reference - 53 Pages
ISBN 9780714641539 - CAT# RU32258

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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.

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