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Economies of Transition

P/E/207. Eastern and Western Germany: closing productivity gap

WORDS:
1000
DATE:
2005
PRICE:
19.99 GBP

The paper examines the processes that took place after the unification of Germany in 1990. The challenges accompanying the integration of the centrally planned economy of Eastern Germany with the market economy of Western Germany are discussed. Conclusions are made about the difficulties in closing the productivity gap between the two parts of the country.

 

KEYWORDS: eastern, western, germany, closing, productivity, gap,

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economies transition economic economy dissertation transitional market countries major russian discuss europe collapse performance hungary european financial vs banking role soviet poland independent central planned russia china reform growth systems kazakhstan factors type review commonwealth oligarchs public eastern challenges government corruption globalisation study focus evidence empirical development loans play main recession communist causes reference limitations solve care principle practical privatization consumers sme functions successes models health programs armenia experience private relative master ukraine success island baltic chile period strategies gap behaviour productivity closing western germany partnerships objectives progress emerging optimal current assess comparative inflation facing sequence liberalisation promoting chinese automotive markets stock helpful banks system weaknesses credit ratings serbia sovereign impacts transformation goals consequences changes developing minimise impact policy characteristics extent design minimalist reforms reasons cee adopted federation ireland slovenia argentina estonia approaches bang highlighting difficulties arising approach gradualist shock therapy special rapid particular regime revolutions contributing change adequately societies explain specificities features east critically restructuring effect competition found suggesting leaving contributed union inevitable movement purchasing plan governments bank avaidable sector monetary fiscal explained following bad prior crisis roles performed emergence communism critical auctions shares europ newly level capital conditions changed eurozone exits responded inflows c post
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