scholarly journals The European Green Deal and the social market economy

2021 ◽  
Vol 74 (3) ◽  
pp. 131-146
Author(s):  
Martin Dahl
Keyword(s):  
Climate Change ◽  
Market Economy ◽  
Environmental Degradation ◽  
Research Question ◽  
Social Market Economy ◽  
The Third ◽  
Basic Assumptions ◽  
The Social ◽  
Social Market ◽  
Climate Neutrality

The European Green Deal is an attempt to transform the European Union's economy in order to achieve climate neutrality by 2050. This is to counteract undesirable climate change and environmental degradation. In this context, an interesting question is whether the implementation of the European Green Deal is in line with the European Union's model of the Social Market Economy. In order to be able to answer this research question, this study is divided into five parts. The first is an introduction to the analysed issues. The second part presents the basic assumptions of the European Green Deal. The third presents the most important assumptions of the Social Market Economy in the context of climate policy. The fourth part analyses the coherence of the European Green Deal with the model of the Social Market Economy. The study ends with a summary containing the conclusions of the conducted research.

scholarly journals Ordolieral Roots of Ecological Market Economy

2018 ◽  
Vol 11 (2) ◽  
pp. 115-129
Author(s):  
Martin Dahl
Keyword(s):  
Economic Policy ◽  
World War Ii ◽  
Market Economy ◽  
Research Question ◽  
Social Market Economy ◽  
New Concepts ◽  
The Social ◽  
Ecological Development ◽  
Western Germany ◽  
Social Market

AbstractWestern Germany introduced the model of a Social Market Economy after World War II. This model has become an example of socio-economic reforms for many European countries. In the initial phase of the development of the new socio-economic policy concept, the postulate of "prosperity for all" was especially appealing as it considers economic policy and social policy as a whole. In subsequent years of development, particularly at the end of the twentieth century, the model of a Social Market Economy has become a source of foundation for creating new concepts and ideas that would include more aspects of responsible and sustainable development combined with proper care for resources and the natural environment. In the view of this, the aim of this paper is to attempt to answer the question of to what extent the Social Market Economy model can lay the foundation for sustainable, responsible and ecological development. In order to be able to answer such a research question, the author based his reasoning and analyses on the theory of ordoliberalism and the following research methods: factual analysis, comparative analysis and analysis of selected publications. The main findings of the research are that the concept of Social Market Economy contains numerous elements that can foster the implementation of the sustainable, responsible and ecological development of countries and societies.

scholarly journals The Social Market Economy Model in Africa: A Policy Lesson in the Pursuit of an Inclusive Development

2020 ◽  
Vol 1 (2) ◽  
pp. 100-125
Author(s):  
Mesfin Mulugeta Woldegiogis
Keyword(s):  
Market Economy ◽  
Lessons Learned ◽  
Inclusive Development ◽  
Social Market Economy ◽  
African Countries ◽  
Third Way ◽  
Economy Model ◽  
The Third ◽  
The Social ◽  
Social Market

A contextually rethought coexistence of capitalism and socialism, particularly, the ‘Third-Way’ politico-economic framework is a contemporary dominion in the pursuit of prosperous and inclusive development. Regarding the third-way position, however, there is a dearth of theoretical framework in African studies. Hence, this article aimed at exploring the theoretical significance of ordoliberalism and its social market economy model that is often praised as the secret(s) in the wake of the ‘Wirtschaftswunder’, meaning the ‘economic miracle’, of Germany. In so doing, the article has sought the common conceptual ground between the notions of the social market economy and inclusive development through the extensive review of theoretical evidence available in the secondary sources of data. The review of literature has revealed that unlike the German experience, the policy choice among the African countries, in the post-colonial era, was never consistent with ordoliberalism or social market economy. However, the post-2000 economic trajectory of Africa has shown the coexistence of the welfare state and coordinated market thereby creating a convenient condition to implement the lessons learned from the development path of Germany. Besides, the prevalent socio-economic problems in most of the Sub-Saharan African countries including demographic bulge, abject poverty, high levels of income inequality, extractive/rent-seeking institutions of governance, brain-drain, and aid/loan dependency syndrome are the major factors that underline the urgency for policy reforms geared towards an Afro-centric social market economy. Yet, the levels of economic development, historical, cultural, and geopolitical differences need to be taken into account to effectively implement the policy instruments of the social market economy in Africa.

scholarly journals The social market economy: an export for the Third World?

1990 ◽  
Vol 25 (6) ◽  
pp. 293-299
Author(s):  
Karl Fasbender ◽  
Manfred Holthus
Keyword(s):  
Market Economy ◽  
Third World ◽  
Social Market Economy ◽  
The Third ◽  
The Social ◽  
Social Market ◽  
The Third World

scholarly journals Civil Economy in the Social Market Economy: a Theoretical Perspective

2018 ◽  
Vol 6 (1) ◽  
pp. 87-98
Author(s):  
Flavio Felice
Keyword(s):  
Political Theory ◽  
Market Economy ◽  
Theoretical Perspective ◽  
The State ◽  
Social Market Economy ◽  
The Social ◽  
The Galaxy ◽  
Civil Economy ◽  
State And Market ◽  
Social Market

Abstract What do we mean by “civil” and “civil society”? This paper attempts to describe a complex notion of “civil economy” in Sturzo’s theoretical perspective of the social market economy. According to this political theory, “civil” is not opposed to “market,” which is not opposed to “the political” (the state). Rather, instead of being the transmission belt between the state and market, civil is the galaxy in which we find also the market and the state (but not only), each with its own functions. This tradition – rooted in Christianity – was able to oppose both Nazi and communist totalitarianism, while many Catholics made an impossible attempt to exhume corporatism.

The Social Market Economy — Present and Future

1993 ◽  
pp. 616-621
Author(s):  
Rolf H. Funck ◽  
Harry Böttcher ◽  
Jan S. Kowalski
Keyword(s):  
Market Economy ◽  
Social Market Economy ◽  
The Social ◽  
Social Market
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