Zur Wettbewerbsfähigkeit der Sozialen Marktwirtschaft im Zeitalter der Globalisierung

Rainer Klump

Chapter 23 in List Forum Band 30, 2004, vol. 4, pp 357-367 from List Gesellschaft e.V.

Abstract: Globalization puts pressure on Germany's Social Market Economy. This pressure is useful since it induces a new debate on the theoretical foundations of the concept. At the same time it forces practical economy policy to return after an new 'era of experiments' to a more sustainable direction. Our contribution recalls that the roots of the Social Market Economy can be traced back to scientific debates during earlier rounds of gloabalization. The 'europization' of the concept, a reshaping of the 'treaty among generations' and the search for new allies beyond the field of economics are considered as the major future challenges. (Original text only available in german language)

Keywords: Globalization; Germany; economy policy; challenge (search for similar items in EconPapers)
Date: 2004
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