'This stellar and invaluable volume of essays offers a state-of-the-art integrated narrative from the post-division to post-reunification East German economy. Avoiding a simple 'failure' story, it shows the contradictory qualities of the East German economy that once appeared as a star performer that might 'overtake without catching up' with the West, to use the famous paradoxical promise of Walter Ulbricht. This book reminds us that core parts of Eastern Germany were always 'Central Germany' (Mitteldeutschland) and that understanding the fading trajectory of the East German economic experiment is central to understanding German history more generally.' Jeffrey Fear, University of Glasgow
'First as supposed industrial powerhouse of the Soviet economic bloc, then as alleged rust belt of a failed state socialism, the former German Democratic Republic and its successor component of united Germany generated lurid and exaggerated assessments of economic performance. Now, almost a quarter century after the Wall fell, a team of leading economic historians has produced a nuanced and indispensable assessment of its crisis-strewn history from World War II to the present.' Charles S. Maier, Harvard University and author of Dissolution: The Crisis of Communism and the End of East Germany