The conception of economic order policy (in German: Ordnungspolitik) has been the theoretical foundation of the Social Market Economy in Germany after World War II. But nowadays, the conception of Ordnungspolitik is in a fundamental crisis. It has been removed by Keynesian conceptions or still...

In den letzten Jahren mehrten sich die Stimmen, die das kommende Jahrhundert als das asiatische Jahrhundert bezeichneten. Während diese Vorhersage bei westlichen Kommentatoren eher mit Sorge erfolgt, wird sie in den schnell wachsenden Volkswirtschaften Ostasiens mit unverhohlenem Stolz auf die...

Studies into the Wealth of Nations have been the aim of economics since Adam Smith. However, the spectacular rise of some economies, beginning with industrializing England in the 18th century, has been of particular interest. England's rise has been as miraculous in the eyes of the observers as...

When in November 2001, the leaders of the Southeast Asian and Northeast Asian states met for the “ASEAN (Association of South East Asian Nations) plus three (China, Japan and Korea),” President Kim Dae-Jung of South Korea proposed the exploration for an East Asian Free Trade Area (EAFTA) and...

While the German manufacturing industry is internationally renowned and often seen as the backbone of German economic development, it has encountered some obstacles in the past few years. These obstacles are related with the emergence of new competitors, the shifts of economic activity in Europe...

The process of economic transformation brought dramatic changes to Russia's society and economy. The disappointing economic results of the first decade of transformation, which brought macroeconomic instability and increasing poverty and inequality, are often understood as results of Russia's...

Südkorea hat in den letzten beiden Jahrzehnten eine doppelte Transformation der Wirtschaftsstruktur vollgezogen- vom dreckigen Schwellenland zu einem sauberen High-Tech-Land, und, in letzter Zeit, zu einem grünen Wachstumsland. Dieses Schlagwort hat Südkorea vielleicht nicht erfunden, hat es...

Scientific interest in studying the problems of the transformation of economic systems remains high more than ten years after the revolutionary changes in Central and Eastern Europe (CEE). At the same time, transformation theory has revealed several problems that are not possible to solve using...