The Social Market Economy and the European Union
8 Pages Posted: 12 Jun 2016
Date Written: June 10, 2016
Abstract
The German Ordoliberal School of Economics - also known as the Freiburg School - has had a profound influence in shaping Germany’s economic system and directly impacting the European integration process and single market model through two of its most well-known postulates: an Ordoliberal Competition Policy, and the Social Market Economy [For a discussion of Ordoliberal Competition in English see: 1; 2; 7; 8; 9; 10; 11]. In this short contribution I aim at introducing the Social Market Economy, discuss its origins and contents as well as highlighting its influence on the design of the European economic system by analyzing its impact in the provision of Services of General Economic Interests (‘SGEIs’).
Keywords: Ordoliberalism, SGEIs, Social Market Economy, EU Law
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