| Project/Area Number |
63530036
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| Research Category |
Grant-in-Aid for General Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Research Field |
経済事情及び政策学
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| Research Institution | Waseda University |
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Principal Investigator |
OHNISHI Takeo Dr. rer. pol., Dr. Econ. Waseda University, School of Education, Professor, 教育学部, 教授 (00063719)
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| Co-Investigator(Kenkyū-buntansha) |
INOUE Takashi Tokai University, School of Political Science and Economics, Ass. Professor, 政経学部, 助教授 (00119504)
KOGA Katsuzirou Dr. Econ. Waseda University, School of Social Sciences, Professor, 社会科学部, 教授 (00120915)
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| Project Period (FY) |
1989 – 1990
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| Project Status |
Completed (Fiscal Year 1990)
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| Budget Amount *help |
¥1,500,000 (Direct Cost: ¥1,500,000)
Fiscal Year 1990: ¥300,000 (Direct Cost: ¥300,000)
Fiscal Year 1989: ¥600,000 (Direct Cost: ¥600,000)
Fiscal Year 1988: ¥600,000 (Direct Cost: ¥600,000)
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| Keywords | Western Germany / Social Market Economy / Structural Policy |
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| Research Abstract |
The economic System of Western Germany, known as Social Market Economy, has developed since the II. World War into a social responsible market economy coupled with macroeconomic management. This type of a mixed economy rejects equally the old-style laissez-faire and the collective planned economy. I combines the free initiative of the individual with the principles of social progress. (Idea of Ordo-School : W. Eucken, L. Erhard, A. Mueller-Armack) The government only should set the general framework of conditions within which market processes take place.
In the 70s, the collapse of the world monetary system, the explosion of petroleum and other raw material prices and unusually high interest rates results in a worldwide recession which has not left western germany unaffected. The social democratic government of the 70s tried to strengthen the government intervention into market economy to get macroeconomic processes under control. It failed. The structural weakness of German economy whi
… More
ch affected the stagnation of the economic growth and trade balance was getting obvious.
In this situation of the early 80s, the new Christian Democratic Government put its main efforts into reinvigorating market forces and stimulating investments of private enterprises, under the motto "Renewal of Social Market Economy. This new policy was successful and the econonomic situation was improved in the mid of the 80s.
Since the turn of the policy the main point of the discussion in the economic policy under German econonomists has been how far the government initiatives and interventions are allowed to enforce the econonomic growth and the structural changes of economy. For Japan such a theoretical discussion seems very strange because the Japanese government always is feeling responsible for the economic growth and structural changes of economy. The Objects of our research are therefor to overview the theoretical discussion under the German economists and to analyze the structural changes of German economy in the 80s.
The results of our research are :
1. German economy has successfully recovered under the macroeconomic management of the Christian-Democratic central government (Bundesregierung).
2. In the federalistic state system of Western Germany the structural changes owe mainly to the microeconomic acts of economic policy of local governments (Landesregierungen) in form of regional aids and subsidies.
3. The theoretical inconsistency of macro- and microeconomic policy is still unsolved, because the original idea of "social market economy" relates mainly to the macroeconomic framework of market economy system. Less
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