TY - JOUR AB - Investigates, in Part 1, the effects of West German stagnation in the 1980s following on from the welfare state doctrine of the 1960s and 1970s, which led to an economic and social crisis becoming inevitable. Shows this is not purely a German problem but one that also affects almost all other capitalist countries – either developed or developing. Expresses irony that the former communist bloc countries should also be engulfed in such crises. Proffers explanations and recommendations to offset the problems in Germany. Part II looks at Israel and how it has begun to emerge from its 1974 austerity programme by Rabin. States that Israel must initiate a new system of stable equilibrium to open a new era that is very possible, but involves economic and social thinking to avoid previous mistakes. VL - 27 IS - 5/6 SN - 0306-8293 DO - 10.1108/03068290010694912 UR - https://doi.org/10.1108/03068290010694912 AU - Rugina Anghel N. PY - 2000 Y1 - 2000/01/01 TI - Two stabilization plans for a developed economy: West Germany and Israel T2 - International Journal of Social Economics PB - MCB UP Ltd SP - 471 EP - 518 Y2 - 2024/04/24 ER -