Social Market Economy
Only the market economy guarantees the citizens personal freedom, social peace and high prosperity.
News
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Crypto RMB: Finance Innovation Or New Tool For Control?
Rumors about a Chinese digital currency, a "digital crypto-renminbi" have been around for a while. In April 2020, the Chinese government announced that the first pilot trials of the new digital currency were being carried out in several cities. What is this new currency? What goals is the Chinese government pursuing with it?
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Success Factors of the Social Market Economy
The analysis describes the historical development of the social market economy and its basic characteristics. The special role of smaller and medium-sized companies and family businesses is also examined. The aim is to contribute to an understanding of the German "economic miracle" and the economic order behind it – also against the background of the manifold state interventions during the Corona crisis.
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Fostering Entrepreneurship in Bangladesh
Change is constant. Freedom means change, and there is no better time to change than now. Sticking to the same values and dedication towards freedom, the Friedrich Naumann Foundation for Freedom (FNF) is reconstructing its strategy across the globe to fine-tune its messages and reinforce its campaign for freedom, amid threats to liberal values. FNF identifies itself as a creative innovative platform, because innovation is the most liberal response to change.
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Explosive Online Growth
With the advent of fast 4G internet connections, online business in Bangladesh is booming. With 40% of Bangladesh’s population of 165 million now online, digital businesses are growing much faster than the rest of the economy. Presently, some 50,000 Bangladeshis earn their money with e-Commerce. According to expert projections, this number will hit the one million-mark in the next ten years.
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Why EU and ASEAN won’t seem to get a Free Trade Agreement anytime soon
In times of turmoil in international relations, the European Union has to find new regional trade partners - and ASEAN is a potential candidate for a fruitful Free Trade Agreement. But even though there have been several rounds of discussions, an agreement is nowhere in sight. ASEAN is EU’s third largest trading partner outside Europe, but the road to an FTA between EU and ASEAN is long and bumpy. What are the reasons?
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Covid-19 Vaccine: Why We Should Bow to Capitalism Right Now
Critics of capitalism often accuse pharmaceutical companies of greedy profit-making at the expense of the poor and sick. However, the development of a vaccine in the corona pandemic also shows that innovation is not a matter of mere chance, but rather a systemic question.
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Let’s get back to the market economy as quickly as possible
The state is taking over the lead in the economy at a breath-taking pace. First, it paralyzed business activities. Then, it launched a huge economic support program. This is a dangerous path we need to leave as soon as possible, says Thomas Straubhaar.
