Reflections on private market economy and social market economy.

Although markets prevail throughout the world, there are significant differences in the economic, social, political as well as legal institutions in which these markets function. Many of these variations can be attributed in part to differences in levels of economic development and in part to the differing consensus about the role of corporations and of governments in the various countries. The paper compares the models of private market economy and social market economy. An understanding of the rules underlying private market economy and those governing social market economy is important in the context of of the evoloving new global economic architecture.

Main Author: Thanawala, Kishor.
Language: English
Published: 2002
Online Access: http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:178957
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dc_source_str_mv International Journal of Social Economics 29 (7/8), 2002, 663-674.
author Thanawala, Kishor.
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Reflections on private market economy and social market economy.
author-letter Thanawala, Kishor.
author_sort_str Thanawala, Kishor.
dc_title_str Reflections on private market economy and social market economy.
title Reflections on private market economy and social market economy.
title_short Reflections on private market economy and social market economy.
title_full Reflections on private market economy and social market economy.
title_fullStr Reflections on private market economy and social market economy.
title_full_unstemmed Reflections on private market economy and social market economy.
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description Although markets prevail throughout the world, there are significant differences in the economic, social, political as well as legal institutions in which these markets function. Many of these variations can be attributed in part to differences in levels of economic development and in part to the differing consensus about the role of corporations and of governments in the various countries. The paper compares the models of private market economy and social market economy. An understanding of the rules underlying private market economy and those governing social market economy is important in the context of of the evoloving new global economic architecture.
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dc.title Reflections on private market economy and social market economy.
dc.creator Thanawala, Kishor.
dc.description Although markets prevail throughout the world, there are significant differences in the economic, social, political as well as legal institutions in which these markets function. Many of these variations can be attributed in part to differences in levels of economic development and in part to the differing consensus about the role of corporations and of governments in the various countries. The paper compares the models of private market economy and social market economy. An understanding of the rules underlying private market economy and those governing social market economy is important in the context of of the evoloving new global economic architecture.
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