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German Liberalism and Economic Revival

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Germany’s Social Market Economy: Origins and Evolution

Part of the book series: Trade Policy Research Centre ((TPRC))

Abstract

During the summer of 1968, economists from Czechoslovakia were sent by their reformed government to the Federal Republic of Germany to consult West German experts, mainly those in favour of the market economy. They wanted to gain more detailed information on the great experiment in de-regulation which Ludwig Erhard had begun in 1948 and carried through with such conspicuous economic success. Since then visitors from many other socialist or semi-socialist countries have sent delegations to West Germany to discuss their difficulties with West German economists and to learn more about the West German economy and its problems. For them, at least, the change in West Germany from a centrally administered to a market system seemed to be a suitable subject of investigation.

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Notes and References

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Authors
  1. Hans Willgerodt
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  2. Alan Peacock
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Editor information

Editors and Affiliations

  1. David Hume Institute, Edinburgh, UK

    Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)

  2. Esmée Fairbairn Research Centre, Heriot-Watt University, UK

    Alan Peacock (Executive Director and Research Professor in Public Finance) (Executive Director and Research Professor in Public Finance)

  3. Institute for Economic Policy, University of Cologne, Germany

    Hans Willgerodt (Professor of Economics, and co-Director) (Professor of Economics, and co-Director)

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© 1989 Trade Policy Research Centre

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Willgerodt, H., Peacock, A. (1989). German Liberalism and Economic Revival. In: Peacock, A., Willgerodt, H. (eds) Germany’s Social Market Economy: Origins and Evolution. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20145-7_1

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