Please use this identifier to cite or link to this item: https://scidar.kg.ac.rs/handle/123456789/13328
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dc.rights.licenseopenAccess-
dc.contributor.authorIvanović, Vladan-
dc.date.accessioned2021-06-16T09:20:27Z-
dc.date.available2021-06-16T09:20:27Z-
dc.date.issued2018-
dc.identifier.citationIvanović, V. [2018]. Od poretka do prosperiteta - značaj konkurencije u modelu Socijalno-tržišne privrede. Ekonomski horizonti, 20(2), 141-155.en_US
dc.identifier.issn1450-863Xen_US
dc.identifier.urihttps://scidar.kg.ac.rs/handle/123456789/13328-
dc.description.abstractSearching for an institutional structure which enables economic success is in the midst of the practical efforts of governments all around the world, as well as the academic studies endeavoring to understand the sources of success in the most prosperous national economies. The supremacy of the German economy in the European Union, as well as worldwide - from the level of the GDP per capita to high productivity, innovativeness and export performances - is the basic motivation this study rests on. Due to the fact that, unlike a failure, an economic success is always achieved in the long run, this study is aimed at revealing the (historical) institutional roots that have paved the way for the economic success of contemporary Germany. In that context, the model of the Social market economy, i.e. the competitive order (Wettbewerbsordnung), its meaning and importance in solving the allocative equation and reaching the high levels of economic efficiency are the subject matter of analysis in this paper. The key results refer to the identification of the diverse economic and social benefits that a competitive order brings into being, as well as the determination of and pointing to the essential institutional preconditions which such an order is feasible in.en_US
dc.language.isoenen_US
dc.publisherFaculty of Economics, University of Kragujevac, Kragujevac, The Republic of Serbiaen_US
dc.rightsinfo:eu-repo/semantics/openAccess-
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/-
dc.sourceEkonomski horizontien_US
dc.subjectSocial market economyen_US
dc.subjectGerman modelen_US
dc.subjectcompetitionen_US
dc.subjecteconomic efficiencyen_US
dc.subjectinstitutionsen_US
dc.titleFrom order to prosperity: The importance of competition in the Social market economy modelen_US
dc.typearticleen_US
dc.description.versionPublisheden_US
dc.identifier.doi10.5937/ekonhor1802141Ien_US
dc.type.versionPublishedVersionen_US
Appears in Collections:Faculty of Economics, Kragujevac

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