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Reform needs and options for the Social Market Economy

Author

Listed:
  • Winfried Schlaffke
  • Norbert Reuter
  • Karen Horn
  • Randolf Rodenstock
  • Eberhard von Koerber

Abstract

From 28 to 30 June 2002, the Academy for Political Education in Tutzing, under the direction of Prof. Peter Hampe (Tutzing Academy) and Prof. Karl Homann (University of Munich), organised a conference on "Ethos or Elbows? The Basic Values of the Social Market Economy". The main issue for the second day was the reform needs and options of the Social Market Economy. Prof. Winfried Schlaffke, International School of Management in Dortmund and the Institute of the German economy in Cologne, presented in his lecture the initiative launched by the electrical and engineering industry and other industry associations entitled "The New Social Market Economy Initiative" that is aimed at gaining support for "the free enterprise system and for the reforms it needs". Comments on these theses were made by Dr. Norbert Reuter of Aachen Technical College and Dr. Karen Horn of the Frankfurter Allgemeine Zeitung. For Randolf Rodenstock, Federation of the Bavarian Economy, the reforms of the Social Market Economy should include more subsidiarity alongside the necessary solidarity: "The state or the community should only help out where the individual is not able to act alone". Prof. Henning Klodt, Kiel Institute for the World Economy, examined whether globalization is "unsocial", and Dr Eberhard von Koerber, Club of Rome and Wittenburg Center for Global Ethics in Zurich underlined the changes of entrepreneurial action in a globalised world that demands "all-inclusive responsibility" from business enterprises.

Suggested Citation

  • Winfried Schlaffke & Norbert Reuter & Karen Horn & Randolf Rodenstock & Eberhard von Koerber, 2002. "Reform needs and options for the Social Market Economy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(16), pages 3-26, August.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:16:p:3-26
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    References listed on IDEAS

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    1. Heitger, Bernhard & Schrader, Klaus & Stehn, Jürgen, 1999. "Handel, Technologie und Beschäftigung," Open Access Publications from Kiel Institute for the World Economy 2277, Kiel Institute for the World Economy (IfW Kiel).
    2. Henning Klodt, 2001. "Conflicts and Conflict Resolution in International Anti‐trust: Do We Need International Competition Rules?," The World Economy, Wiley Blackwell, vol. 24(7), pages 877-888, July.
    3. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages 22-49, February.
    4. Karl Georg Zinn, 1984. "Soziale Wachstumsgrenzen - ein neues Paradigma der ökonomischen Theorie?," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 10(2), pages 159-187.
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    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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