On the stability of open access orders: the Federal Republic of Germany since the 1960s

摘要: The Article applies the NWW-approach to economic history of post-war Germany. approach suggests it was only after Second World War that Germany arrived at most advanced institutional structure does not any longer restrict access and political resources. Though critical on suggestion, article aim challenging timing aspect but argument Open Access Orders are self-enforcing stable. After giving empirical evidence can support country’s transformation in 1960s, discusses stability greater detail. Especially intergenerational distribution wealth increasing state debt be paid by future generation might contribute social order’s instability.