Abstract

During the summer of 1968, economists from Czechoslovakia were sent by their reformed government to the Federal Republic of Germany to consult West German experts, mainly those in favour of the market economy. They wanted to gain more detailed information on the great experiment in de-regulation which Ludwig Erhard had begun in 1948 and carried through with such conspicuous economic success. Since then visitors from many other socialist or semi-socialist countries have sent delegations to West Germany to discuss their difficulties with West German economists and to learn more about the West German economy and its problems. For them, at least, the change in West Germany from a centrally administered to a market system seemed to be a suitable subject of investigation.

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