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|a 9783642799723
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|a Welfens, Paul J.J.
|e [editor]
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|a Economic Aspects of German Unification
|h Elektronische Ressource
|b Expectations, Transition Dynamics and International Perspectives
|c edited by Paul J.J. Welfens
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|a 2nd ed. 1996
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|a Berlin, Heidelberg
|b Springer Berlin Heidelberg
|c 1996, 1996
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|a XV, 527 p
|b online resource
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|a Introduction: Economic Aspects of German Unification -- I. Structural and Macroeconomic Changes -- A. The Structural Renewal of Eastern Germany: Some Initial Observations -- B. Integrating the East German States into the German Economy: Opportunities, Burdens and Options -- C. Sectoral Shocks and Structural Adjustment in the East German Transformation Process -- D. Intergovernmental Fiscal Relations after German Unification: Problems and Solutions -- E. Macroeconomic Aspects of German Unification -- F. Comments -- G. Transforming a Socialist Economy: Currency Unification, Banking Reform and Capital Markets -- H. Comments -- II. National Challenges -- I. Labor Markets and Social Security Systems Facing Unification: Systemic Challenges in Germany -- J. Comments -- K. Environmental Protection: Problems and Prospects in East and West Germany -- L. Comments -- M. Structural Adjustment and Privatization of the East German Economy -- N. Comments -- O. Government Support for Restructuring the East German Economy -- P. Comments -- III. International Perspectives -- Q. German Economic Unification and European Integration: Prosperity without Stability? -- R. External Aspects of German Unification: The Polish View -- S. Comments -- T. Economic Reform in the USSR and Prospects for Trade and Economic Relations with Unified Germany -- U. Comments -- V. German Unification as an Incentive for Institutional and Organizational Changes within the EC: A French View -- W. Global Economic Rivalry: New Perspectives on Germany (the EC), Japan and the United States -- X. Comments -- Y. EC Integration and Economic Reforms in CMEA Countries: A United Germany as a Bridge Between East and West? -- Z. Comments -- Map of Western and Eastern Germany -- Appendix: Selected Data on Western German and Eastern Germany -- List of Authors and Conference Participants -- List of Tables and Figures
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|a Economics
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|a History
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|a Political Science
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|a Political science
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|a eng
|2 ISO 639-2
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|b SBA
|a Springer Book Archives -2004
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|a 10.1007/978-3-642-79972-3
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|u https://doi.org/10.1007/978-3-642-79972-3?nosfx=y
|x Verlag
|3 Volltext
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|a 320
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|a Paul J. J. Welfens The editor is pleased to present a second edition of Economic Aspects of German Unification which includes new chapters and several postscripts. Almost five years after unification output in the ex-GDR is back to its 1989 level. Due to a massive intra-German resource transfer consumption per capita in eastern Germany has not fallen as much as output and employment which reduced by one-fifth within three years. Given high West German transfers which represented about 5% of West German GDP and more than 50% of East German GDP the fall of industrial output could have been much stronger than had politically been feasible. Hence structural change necessary for productivity growth was dramatic in the ex-GDR where the goods producing sector (manufacturing, mining, energy and construction) strongly changed its proportions; within four years construction almost doubled, and the share of investment goods production reduced by 10 percentage points between 1990 and 1994 and is· now down to 21. 1 %. Mining lost two-thirds of its share in the producing sector which itself was reduced relative to GDP. The share of the services industry increased by 5 percentage points between 1991 and 1994, but with a share of 27. 7% in East Germany's GDP it was still about 9 percentage points lower than in western Germany. By contrast, government accounted for 20. 9% of GDP in eastern Germany, but for only 13. 2% in western Germany
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