By setting up a number of special economic zones, i.e. clearly demarcated regions regulated by special commercial legislation, the Chinese leadership intended, after a period of economic isolation, to integrate China more closely into the international division of labour and to stimulate...

The failure of Marxist-Leninist socialism, which has become clearly apparent during the past year, has done undeniable harm to the worldwide appeal of “socialism”. Even concepts of socialism which had always expressly set themselves apart from “real-world socialism” in the Stalinist...

The ongoing conversion of the economies of former socialist countries into market economies has so far suffered from the lack of a theory of system transformation (policy) which indicates the means of achieving the desired objectives and makes it possible to evaluate the transformation policies...

Walter Eucken gilt als einer der bedeutendsten deutschen Wirtschaftswissenschaftler, der unter anderem die Freiburger Schule gründete und damit einen wesentlichen Einfluß auf die Entstehung der Sozialen Marktwirtschaft hatte. Haben sich Euckens Handlungsanweisungen an den Staat aber als...