German unification is proving much more difficult than was originally envisaged.
Author: A. Ghanie Ghaussy
Publisher: Routledge
ISBN: 9781134884988
Category: Business & Economics
Page: 266
View: 185
German unification is proving much more difficult than was originally envisaged. The integration of two national economies with different economic orders, different sectoral structures and divergent levels of development seems set to take a long time. This timely examination of the major issues involved emphasises the impact of unification on different sectors of the economy and their likely consequences.
This text presents a clearly argued analytical account of the reunification process and the policy alternatives.
Author: Gerlinde Sinn
Publisher: MIT Press
ISBN: 0262691728
Category: Business & Economics
Page: 274
View: 882
The unification of Germany is a policy issue of worldwide interest and holds key lessons for the remaining post-socialist economies. This text presents a clearly argued analytical account of the reunification process and the policy alternatives.
This volume analyzes the causes, developments, and processes that are associated with German unification.
Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 9783642973796
Category: Political Science
Page: 402
View: 993
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?
An analysis of the economic process of assimilating eastern Germany into the institutions and performance levels of western Germany which includes research and a literature overview.
Author: Thomas Lange
Publisher: Edward Elgar Pub
ISBN: STANFORD:36105023137875
Category: Germany
Page: 246
View: 284
An analysis of the economic process of assimilating eastern Germany into the institutions and performance levels of western Germany which includes research and a literature overview. Topics include: the relative backwardness of East Germany's economy, and labour market and industrial policies.
This study reviews early simulations of the effects of German unification using three different rational-expectations multi-country models.
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
ISBN: 9781451975147
Category: Business & Economics
Page: 38
View: 789
This study reviews early simulations of the effects of German unification using three different rational-expectations multi-country models. Despite significant differences in their structures and in the implementations of the unification shock, the models delivered a number of common results that proved reasonably accurate guides to the direction and magnitude of the effects of unification on key macroeconomic variables. Unification was expected to give rise to an increase in German aggregate demand that would put upward pressure on output, inflation, and the exchange rate, and downward pressure on the current account balance. The model simulations also highlighted contractionary effects of high German interest rates on EMS countries.
It also has wider implications, particularly for the further integration of east and west Europe. The authors explore both these and spillovers for the global macroeconomy.
Author: Bernhard Heitger
Publisher: Routledge
ISBN: 9781134891412
Category: Business & Economics
Page: 320
View: 891
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
They suggest that Europe as a whole is about to encounter such change of like magnitude. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Thomas Lange
Publisher: Berghahn Books
ISBN: 1571818804
Category: Business & Economics
Page: 216
View: 981
Examines such issues as privatization, monetary reform, and unemployment in reunified Germany. Contributors from economics and politics discuss the complex processes of the unification and what can be learned from it about economies and societies that undergo profound transformations. They suggest that Europe as a whole is about to encounter such change of like magnitude. Annotation copyrighted by Book News, Inc., Portland, OR