After 2 WW was a situation in Germany very difficult. Consequences of a defeat were legible in all spheres. Despite of this situation the German economy was able to recover and in the next two decades showed an economic growth. A significant share on this recovery had representatives of the concept of social market economy and representatives of ordoliberalism Ludwig Erhard, Walter Aucken or Alexander Rustow. In the first chapter I deal with the characteristics and main principles of social market economy. I define main historical milestones of this concept regarding the economic development. With another internal and external changes which inevitably affected German economy, a weaknesses of this system appeared. There were implemented structural reforms, which changed the original concept of social market economy. The second chapter is focused on these structural changes. The last and third chapter deals with current economic situation, which was influenced by the process of globalization and integration of EU. Then in this chapter I describe the current form of social market economy and pros and cons of this concept. The final part deals with future development and sustainability of social market economy.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:201639 |
| Date | January 2013 |
| Creators | Tomšejová, Andrea |
| Contributors | Antal, Jarolím, Vlčková, Jana |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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