By Anja Hochberg, Jens Hölscher
ISBN-10: 0312212283
ISBN-13: 9780312212285
ISBN-10: 1349147052
ISBN-13: 9781349147052
ISBN-10: 1349147079
ISBN-13: 9781349147076
The first publication within the reports in monetary Transition sequence applies the idea of monetary improvement to the economic climate of East Germany. 8 years after the unification of Germany, the publication presents a accomplished and lots more and plenty wanted review of the transition method within the East, its effect at the German economic system as an entire and the $64000 broader classes for eu integration and expansion. the original monetary scan of the unification of the German economies supplied a good chance for various colleges of financial concept to be confirmed and tested. The individuals to this booklet take complete benefit of this challenge.
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Additional info for East Germany’s Economic Development since Unification: Domestic and Global Aspects
Sample text
5); up to 20 per cent of eastern enterprises almost inevitably faced bankruptcy (Fischer and Schroter 1993, p. 6 The Overvaluation of East Germany's Stock of Capital In the absence of any possibility of protecting less profitable domestic enterprises against competition from more efficient producers in the West, via restrictions and other disincentives on imports,? the readjustment of the whole of East Germany's economy in an environment of fundamental change resulted in the demise of production and the replacement of eastern supply by products from the West.
In HOlscher, J. and Frowen, S. The German Currency Union of 1990 36 The 'German Model' in Decline - A Critical Assessment. Macmillan Press, London, St. Martin's Press, New York, 1997, pp. 177-99. KOHLER, C. The Privatisation of the East German Economy and the Role of the Treuhandanstalt. In Holscher. J. and Frowen, S. The German Currency Union of 1990 - A Critical Assessment. Macmillan Press, London, St. Martin's Press, New York, 1997 pp. 151-68. ORIGINAL-THA (Anstalt zur treuhandlerischen Verwaltung des Volkseigentums) Report on the Work of the Institute for Trustee Administration of State Property from 15th March to 18th April 1990 (signed by Dr Moreth).
This report focused only on the need for fundamental reform in East Germany. In the following 1990 Annual Report the Council started to discuss not only the transformation problem for the east but also the integration problem for the west. Economic policy as growth policy deserves high importance if one would try to solve both problems. And the Council was optimistic: 'If everything goes well the economic development in the new Lander might already have taken a tum for the better by 1991' (1990 Annual Report, item 304).
East Germany’s Economic Development since Unification: Domestic and Global Aspects by Anja Hochberg, Jens Hölscher
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