Publications - details

Template: Container

The Social-Ecological Market Economy in Germany

General characteristics, main features and current challenges of a unique and successful economic system

2018 | Prof. Dr. Alexander S. Kritikos, Dr. Anselm Mattes, Dr. Lars Handrich, Franziska Neumann | Governance Fonds | Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

The Social-Ecological Market Economy in Germany

Description:

The economic system of Germany evolved over a period of many decades since WWII, but its roots go back even further. Since about the 1980s, the economic system of Germany can be characterised as a Social-Ecological Market Economy with the main focus on maximising common welfare. It consists of three pillars:

  • Economic prosperity
  • Social cohesion
  • Ecological sustainability

The political and societal consensus in Germany to operate within the boundaries of the Social-Ecological Market Economy is stable over time – the most important prerequisite for a smooth functioning of the social-ecological market economy. These principles of the Social-Ecological Market Economy are rooted in the German constitution, which creates an “institutional memory” for social-ecological economic policies. This means that changes in government are not followed by fundamental changes in policies as far as the concepts of the social-ecological market economy are concerned.


Category:
  • Armutsminderung
  • The Governance Fund
  • Green Economic Policy
  • Rechtstaatlichkeit
Region:
  • Germany
Seiten:

36

Sprache:

English

Copyright:

Governance Fonds | Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Back