The Economics of German Unification: An Introduction - Hardcover

Lange, Thomas; Pugh, Geoffrey

 
9781858980904: The Economics of German Unification: An Introduction
Hardcover
ISBN 10: 1858980909 ISBN 13: 9781858980904
Publisher: Edward Elgar Publishing Ltd, 1998

Synopsis

Following German reunification in 1990, East Germany's centrally planned economy was abolished and replaced by West Germany's social market economy. Western Germany has since provided vast financial support to aid the transformation, and enable eastern Germany to catch-up with western Germany's productivity and living standards. This book evaluates the main events and their outcomes since mid-1990 and the associated policy issues. The authors assess the medium to long term growth prospects of eastern Germany and the wider implications for western Germany and Europe.

The Economics of German Unification analyses the economic process of assimilating eastern Germany into the institutions and performance levels of western Germany. It includes original research as well as providing an overview of existing literature. Among the topics discussed are:

  • the relative backwardness of East Germany's economy
  • the impact of monetary and economic integration
  • restructuring and privatization
  • <>li>labour market and industrial policy, including an analysis of wage restraint and cost reduction
  • the prospects for eastern Germany catching-up economically with western Germany
  • the repercussions for German competitiveness nationally and within the wider European context

This book will be welcomed by academics, researchers and undergraduates interested in the economics of transition, comparative economic systems, political economy and the European business environment.

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About the Author

Thomas Lange, Australian Catholic University, Australia and Geoffrey Pugh, Principal Lecturer in European Economics, Staffordshire University Business School, UK and Visiting Professor at the Warsaw University, Poland and Tirana University, Albania

"About this title" may belong to another edition of this title.

Publisher
Edward Elgar Publishing Ltd
Publication date
1998
Language
English
ISBN 10 
1858980909
ISBN 13 
9781858980904
Binding
Hardcover
Number of pages
240