East Germany’s Economic Development since Unification


Book Description

The first book in the Studies in Economic Transition series applies the theory of economic development to the economy of East Germany. Eight years after the unification of Germany, the book provides a comprehensive and much needed assessment of the transition process in the East, its impact on the German economy as a whole and the important broader lessons for European integration and enlargement. The unique economic experiment of the unification of the German economies provided an excellent opportunity for different schools of economic theory to be tested and examined. The contributors to this book take full advantage of this challenge.




The East German Economy, 1945-2010


Book Description

The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.







The Economics of German Unification


Book Description

This timely examination of the major issues in German unification emphasises its impact on different sectors of the economy and their likely consequences.




Economic Aspects of German Unification


Book Description

German unification is changing central Europe, the EC and international economic and political relations. Prosperous West Germany with its "social market economy" has absorbed the socialist GDR which is facing a complex systemic tranformation process. This volume analyzes the causes, developments, and processes that are associated with German unification. The merger of the two Germanies provides a unique laboratory like example of institutional and economic changes against which established economic theoreis and economic policy concepts can be tested. German unification raises, of course, many new questions for Grmany itself, Europe, and the whole international community. Will the enlarged Germany become a new economic giant in Europe and can the FRG maintain stability and prosperity? What macroeconomic and structural problems are faced by the new Germany and what are the effects for trade, investment, and growth in Germany`s partner countries? Will East Germany catch up with the West and can this process serve as a model forEastern Europe? What are the views of Poland and the USSR, and what implications arise for Western Europe and the United States? Finally, how isthe triangular relationship between the U.S., the EC, and Japan affected, and how does this affect the United States` ability to organize economic cooperation with Japan, Germany, and other leading economies?




German Unification


Book Description

This paper discusses comparison of economic and social indicators in the year 1988 between Federal Republic of Germany (FRG) and German Democratic Republic (GDR). The budgetary costs of unification will be substantially larger than initially envisaged. Moreover, if one adds to the budget the increases in government debt related to equalization paper, a portion of the old enterprise debt on the books of the banks. The Trust Fund has been assigned a task or enormous scope and complexity: the privatization, restructuring, and in some cases, liquidation of 8000 enterprises with 4 million employees. Even taking care of the short-run financial problems of these enterprises has proved daunting; the more fundamental task will be near impossible to achieve with any rapidity. It is clearly essential to the success of economic integration that capital allow east rather than labor flowing west and that income growth and new opportunities arc enough to meet reasonable aspirations on the pan of the residents of East Germany.




Christmas in July?


Book Description

In this book, the authors argue that policymakers were so preoccupied with fiscal problems that they ignored east Germany's anemic production, inflated employment, and decayed infrastructure. The authors urge adoption of hard-headed medium-term strategies so that west and east can grow closer and enjoy economic growth.




German Unification and the International Economy


Book Description

First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.




Germany's Economic Performance


Book Description

This book provides a comprehensive understanding of Germany's economic performance at the turn of the twenty-first century. The period under observation and analysis stretches from Germany's unification in 1990 over the death of the German Mark to first experiences with the Euro, with particular attention given to East Germany.




Germany since Unification


Book Description

A decade after the fall of the Berlin Wall, the collapse of the GDR and the end of the Cold War, Germany has begun to cope with the political, economic, social and nationalistic challenges unification has posed to its institutions and way of life in both the western and eastern part of the once divided nation. The books' eleven authors, all experts in their field, analyse the way united Germany has tackled the many unforeseen problems and highlighted the gradually emerging short- and long-term patterns in Germany's slow adjustment to the new realities. The country has not only become more populous and territorially bigger, but also burdened with much underestimated problems, particularly economic and social ones. The emergence of a new economic, political and perhaps military superstate as feared by many in 1990 has not materialised. Instead, Germany today is only just coping with the domestic and external challenges of unification. The economic and social integration of the former East Germany into the Federal Republic has still not been completed and may take yet another ten to fifteen years. The book is a timely and well-researched effort by a team of outstanding experts to evaluate Germany's performance to date. It gives the reader ample and well-analysed information to comprehend the many challenges facing Germany and its European neighbours in the post-Cold War world