The form that the Germans adopted after 1945 in the west brought them stableness and prosperity, as well as envy from their neighbours. They have applied retrogression of power that is a reaction against Nazi dictatorship, a social-market economy and, not the least, a hard deutsche mark (DM). All that contributed towards a sense of post-war pride and identity for the German people. Yet, the successes of Modell Deutschland are commonly overestimated due to the conditions that have led to sustained economic growth, monetary stability and industrial harmony. However, this does not imply that the German mannikin can be readily transferable to other countries.

Post-war capitalist economy has offered three main mock ups of economic thought and practice associated with surpassing economic performance: (1) the United States model, with an increased reference to an Anglo-American model of enterprise culture, deregulation and privatisation; (2) the Asian-Pacific models, which is, in effect, the Japanese model, with work-centred cultures and ethos of group determine and discipline; and (3) the German model. The German model provided an outstanding economic performance that was consistent with a deep-rooted cultural fond regard to values of stability and order. Economic growth, external balance, price stability and employment were its main features. Its...If you want to get a to the full essay, order it on our website: Orderessay
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