The German Social Market Economy – (Still) a Model for the European Union?

The model of a Social Market Economy (SME) defines a policy concept of economic order which is based on free markets but, at the same time, includes elements of social balancing. The term “Social Market Economy” can neither be found in the Treaty on European Union nor in the Treaty establishing the...

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Bibliographic Details
Main Author: Klaus Dieter John
Format: Article
Language:English
Published: General Association of Economists from Romania 2007-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/3.pdf