Uchwalenie „ustawy stabilizacyjnej" — początkiem stosowania polityki „globalnego sterowania" w RFN
Passing of „Stabilization Law" — a Beginning of Application of "Comprehensive Steering" in the FRG
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Passing of „Stabilization law" on June 8th 1967 was a reflection of growing interventionist trends in the economic policy of the FRG. Being an official programme of anticyclical regulation of the economy this law provided a basis for a new concept of economic policy, the concept of „comprehensive steering", which was to replace the concept of „socialmarket economy" devaluated by the economic crisis of 1966/1967. The article presents a background of the new economic policy, the most important features of the „stabilization law", and an attempt at assessment of feasibility of its application in conditions of the FRG’s economy.
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