Social Market Economy: A Concept for Reform in the Near East?

28.02.2013 | Program: Byblos Autumn School

Social Market Economy: A Concept for Reform in the Near East?[1]

A Conference Report

Yara Saab

 with a contribution by Nils Glodschmidt


Foundations for understanding how market and governments work from the perspective of “constitutional economics”

Viktor J. Vanberg

  • Foundations of Economic Wealth
  • Exchange Types
  • The State: a double-edged sword
  • Constitutional Economics
  • Enhancing Democracy

Plenary Discussion:

  • Ø Applicability of the model
  • Ø Protection to all
  • Ø Development and the role of the government

Social Market Economy: the origins of the Concept

Nils Goldschmidt

Plenary Discussion:

  • Ø Linking the past to the present
  • Ø The influence of the United States
  • Ø The role of the government
  • Ø Shortcomings

Shared Mental Models, Catch-Up Development and Economic Policy-Making

Joachim Zweynert

  • Shared Mental Models
  • Shared Mental Models and Catch-Up Development
  • The 20th century economic debate in Germany
  • Putting the “social” in Germany
  • Why did Russia Fail?

Plenary Discussion:

  • Ø What is an economic system?
  • Ø More on historical conditions
  • Ø International institutions to blame?

Culture and Market Economy

Helmut Leipold

Plenary Discussion:

  • Ø Comparing Muslim States
  • Ø Is Islam incompatible with development?
  • Ø Scarcity of information

Economic and Social Policy in a Market Economy

Thomas Apolte

  • The role of the Government
  • Selected Fields of Economic Policy

Plenary Discussion:

  • Ø Challenges and Opportunities of Social Market Economy
  • Ø The case of Germany


Democracy and Development in the Arab World

Samir Makdisi

  • Indicators of Development
  • Oil and Conflict
  • Oil Wealth
  • Conflicts
  • The case of Lebanon
  • Challenges and opportunities

Plenary Discussion:

  • Ø The Arab-Israeli Conflict
  • Ø Relative irrelevance of indicators
  • Ø Perspective and perception of the youth
  • Ø What to do with sectarianism?
  • Ø A view for the future

Primordial Entrepreneurs? Social Roots and Future Perspectives of Family Enterprises in the Arab East

Boutros Labaki

  • Social roots of family Entrepreneurs in the Arab East
  • Present problems and prospects of family enterprises in the Arab East

Plenary Discussion:

  • Ø Money and Politics

Can a supranational market economy be social?

The case of the European Union

Dominik Hanf

  • Understanding the Treaty as an economic constitution

Plenary Discussion

Walter Eucken, the Freiburg School and the Social Market Economy

Nils Goldschmidt, Walter Eucken Institute, Freiburg

  • What does “Social Market Economy” mean?
  1. Historical Background
  2. Basic Tenets of Ordoliberalism
  3. Shortcomings of the Freiburg School Approach
  4. Further Developments






[1] ) English version - 2007