Germany's social market economy model and possible lessons for Sri Lanka's economic order

Less than twenty years after the Second World War's end Germany had emerged as a global economic powerhouse. Experts identified its success with the Social Market Economy, an approach to the economy combining the competitiveness of markets and regulation by the state for a free and prosperous society.
The Friedrich Naumann Foundation for Freedom's head of Liberal Institutions, Justus Lenz, discusses the social market economy and how it might offer a model for Sri Lanka.
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