Subsidization and Structural Change in Eastern Germany
Subsidization and Structural Change in Eastern Germany

Author: Katja Gerling

Publisher: Springer Science & Business Media

Published: 2002-06-20

Total Pages: 240

ISBN-13: 9783540431046

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Economic policy interventions of a scale as effected in Eastern Germany can be expected to have a significant impact on the economy. The question whether investment subsidization as a core policy instrument is a suitable measure to initiate a self-sustaining upswing in the Eastern German economy and an improvement of living standards has been reason for dispute since the beginning of transition. Using econometric techniques, the study analyzes the effects of investment subsidies on economic structure, employment and productivity in the Eastern German industry. The study suggests that there is a need for redesigning subsidization and changing infrastructure and labor market policies.

Economic Aspects of German Unification
Economic Aspects of German Unification

Author: Paul J.J. Welfens

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 537

ISBN-13: 3642799728

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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.

The East German Economy, 1945-2010
The East German Economy, 1945-2010

Author: Hartmut Berghoff

Publisher: Cambridge University Press

Published: 2013-10-07

Total Pages: 261

ISBN-13: 1107030137

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The contributors to this volume consider the economic history of East Germany within its broader political, cultural and social contexts.

The Plans That Failed
The Plans That Failed

Author: André Steiner

Publisher: Berghahn Books

Published: 2013-08-01

Total Pages: 236

ISBN-13: 178238314X

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The establishment of the Communist social model in one part of Germany was a result of international postwar developments, of the Cold War waged by East and West, and of the resultant partition of Germany. As the author argues, the GDR’s ‘new’ society was deliberately conceived as a counter-model to the liberal and marketregulated system. Although the hopes connected with this alternative system turned out to be misplaced and the planned economy may be thoroughly discredited today, it is important to understand the context in which it developed and failed. This study, a bestseller in its German version, offers an in-depth exploration of the GDR economy’s starting conditions and the obstacles to growth it confronted during the consolidation phase. These factors, however, were not decisive in the GDR’s lack of growth compared to that of the Federal Republic. As this study convincingly shows, it was the economic model that led to failure.

Historical Dictionary of Contemporary Germany
Historical Dictionary of Contemporary Germany

Author: Derek Lewis

Publisher: Rowman & Littlefield

Published: 2016-10-18

Total Pages: 847

ISBN-13: 144226957X

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This second edition of Historical Dictionary of Contemporary Germanyprovides a comprehensive overview of most aspects of life and institutions in contemporary Germany. It also introduces the reader to the historical development of both East and West Germany between 1949 and 1990, and addresses the various issues arising from reunification. This second edition of Historical Dictionary of Contemporary Germany contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on important personalities, politics, economy, foreign relations, religion, and culture. This book is an excellent access point for students, researchers, and anyone wanting to know more about Germany.

Complementarities in Corporate Governance
Complementarities in Corporate Governance

Author: Ralph P. Heinrich

Publisher: Springer Science & Business Media

Published: 2002-06-04

Total Pages: 262

ISBN-13: 9783540432265

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Corporate governance reform is currently on the agenda in the European Union, the United States, Japan and in emerging market economies. This book takes a fresh look at the reform debate by focusing on the trade-offs involved in reconciling the diverging interests of shareholders, creditors and managers. It shows how effective corporate governance systems exploit complementarities between the incentives generated by the capital structure, the ownership structure, investor monitoring, takeover threats, and management compensation to minimize the sum of all agency costs facing the public corporation. The book combines a general theoretical treatment with a detailed study of the institutions of corporate governance in Germany, Japan and the United States and a critical assessment of recent reforms.

Consultancy and Innovation
Consultancy and Innovation

Author: Peter Wood

Publisher: Routledge

Published: 2003-09-02

Total Pages: 385

ISBN-13: 1135434301

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Consultancy and Innovation links two important aspects of European economic development in the past thirty years: the pace of technical and management innovation, and the growing significance of technical and business consultancy. This book includes detailed studies of consultancy activities or 'knowledge intensive services' (KIS) in eight EU countries, written by national experts in the field.