Key Factors of the Development and Renewal of the Social Market Economy in the EU

Kőrösi István: Key Factors of the Development and Renewal of the Social Market Economy in the EU.
HUNGARIAN YEARBOOK OF INTERNATIONAL LAW AND EUROPEAN LAW, 7 (1). pp. 363-392. ISSN 2666-2701 (2019)

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Szerző azonosítók:

Név	ORCID	MTMT szerző azonosító
Kőrösi István		10008420

Absztrakt (kivonat):

The purpose of this study is to present the principles, strategy and operation of the social market economy, based on legal, political and economic considerations. The first social market economy,West Germany – followed by Austria, the Netherlands, as well as other countries in Northern and Western Europe –, mustered a positive overall performance from the post-World War II years to the early 1970s. Since then, however, we have been witnessing the erosion, distortion and decline of efficiency of the social market economy. There are fourmain issues to be addressed: (i)What are themain theoretical and conceptual, ‘eternal’ elements of the socialmarket economy? (ii)What economic policy was built on this theoretical foundation and why did the system work well inWestern Europe after WorldWar II? (iii)What factors eroded this system? (iv) Can social market economy be renewed in the second decade of the 21st century and, if it can, what are the preconditions of it? In my analysis, I highlight some key areas: EU policies, Lisbon Agenda and Europe 2020 strategy, growth, financial disequilibria and competitiveness, innovation and employment, the relation of state and market.

Folyóirat címe:

HUNGARIAN YEARBOOK OF INTERNATIONAL LAW AND EUROPEAN LAW

Megjelenés éve:

2019

Kötet:

Szám:

Oldalak:

pp. 363-392

ISSN:

2666-2701

Intézmény:

Pázmány Péter Katolikus Egyetem

Kar:

Jog- és Államtudományi Kar

Nyelv:

angol

MTMT rekordazonosító:

32489886

Dátum:

2025. Feb. 03. 08:33

Utolsó módosítás:

2025. Feb. 03. 08:33

URI:

https://publikacio.ppke.hu/id/eprint/2189

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