Social Market Economy (eBook, PDF)

The Case of Germany

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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 system¿s history, identity, political and economic concepts, including ordoliberalism, are analyzed. Its potential and shortcomi...

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