German Model
Thursday, October 1, 2009
What are those values? A social market economy, rather than unbridled market capitalism; an export economy built on a large and technically innovative manufacturing base; a large network of small and medium sized enterprise, often family-owned, that is open to the global economy; a sense of environmental responsibility; and a suspicion of financially driven Anglo-Saxon style globalisation and corporate capitalism. Indeed the sense that Germany had the opportunity to show off the unique strengths of the “German model” was a key to Merkel’s appeal, and she repeatedly noted what a tough line she had taken against the position of banks.
Labels: Economy, Government
posted @ 7:25 PM,
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