Economic Implications of German Unification for the Federal Republic and the Rest of the World
Economic Implications of German Unification for the Federal Republic and the Rest of the World

Author: Mr.Paul R. Masson

Publisher: International Monetary Fund

Published: 1990-09-01

Total Pages: 54

ISBN-13: 1451954190

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The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial increase in long-term real interest rates equal to 3/4 of a percentage point, increased output, a temporary half-point rise in inflation, a modest real appreciation of the deutsche mark, and a reduction of the (combined GDR and FRG) current account surplus equal to 2 percent of GNP. Effects on the rest of the world seem to be relatively small. Different policies are examined within the EMS, and other simulation studies are surveyed.

Economic Implications of German Unification for the Federal Republic and the Rest of the World
Economic Implications of German Unification for the Federal Republic and the Rest of the World

Author: Paul R. Masson

Publisher:

Published: 2006

Total Pages: 54

ISBN-13:

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The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial increase in long-term real interest rates equal to 3/4 of a percentage point, increased output, a temporary haIf-point rise in inflation, a modest real appreciation of the deutsche mark, and a reduction of the (combined GDR and FRG) current account surplus equal to 2 percent of GNP. Effects on the rest of the world seem to be relatively small. Different policies are examined within the EMS, and other simulation studies are surveyed.

Economic Consequences of German Reunification
Economic Consequences of German Reunification

Author: Gerhard Pohl

Publisher: World Bank Publications

Published: 1991

Total Pages: 52

ISBN-13: 1002051452

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Did the "big bang" approach work or would gradual change have been more appropriate? Which measures have worked and which have not?

German Unification
German Unification

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1990-12-04

Total Pages: 192

ISBN-13: 9781557752000

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This paper discusses comparison of economic and social indicators in the year 1988 between Federal Republic of Germany (FRG) and German Democratic Republic (GDR). The budgetary costs of unification will be substantially larger than initially envisaged. Moreover, if one adds to the budget the increases in government debt related to equalization paper, a portion of the old enterprise debt on the books of the banks. The Trust Fund has been assigned a task or enormous scope and complexity: the privatization, restructuring, and in some cases, liquidation of 8000 enterprises with 4 million employees. Even taking care of the short-run financial problems of these enterprises has proved daunting; the more fundamental task will be near impossible to achieve with any rapidity. It is clearly essential to the success of economic integration that capital allow east rather than labor flowing west and that income growth and new opportunities arc enough to meet reasonable aspirations on the pan of the residents of East Germany.

Economic Aspects of German Unification
Economic Aspects of German Unification

Author: Paul J.J. Welfens

Publisher: Springer Science & Business Media

Published: 2013-11-27

Total Pages: 410

ISBN-13: 3642973795

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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?

Dimensions Of German Unification
Dimensions Of German Unification

Author: A. Bradley Shingleton

Publisher: Routledge

Published: 2019-03-07

Total Pages: 234

ISBN-13: 0429723547

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German unification has proven to be a complex, multidimensional process rather than a single political event. Four years after political unification, Germany continues to confront formidable economic, social, and cultural challenges in the unification process. This volume examines some of economic, social and legal aspects of the unification process four years after political unification was achieved.

The Economics of German Unification
The Economics of German Unification

Author: A. Ghanie Ghaussy

Publisher: Routledge

Published: 1993-02-25

Total Pages: 266

ISBN-13: 1134884982

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This timely examination of the major issues in German unification emphasises its impact on different sectors of the economy and their likely consequences.

The Berlin Republic
The Berlin Republic

Author: Winand Gellner

Publisher: Routledge

Published: 2004-11-23

Total Pages: 271

ISBN-13: 1135761485

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Since German unification in October, 1990, arguments have raged as to whether the integration process of the former East Germany into the western system has been a success. These essays offer fresh insight and perspectives explaining the effects of unification on Germany and the EU as a whole.