/

Economic Aspects of German Unification Expectations, Transition Dynamics and International Perspectives

Welfens, Paul J.J.
Heftet / 2011 / Engelsk

Produktdetaljer

ISBN
9783642799747
Publisert
2011-11-24
Utgave
2. utgave
Utgiver
Vendor
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Høyde
242 mm
Bredde
170 mm
Aldersnivå
Research, P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet

Redaktør
Welfens, Paul J.J.

Economic Aspects of German Unification Expectations, Transition Dynamics and International Perspectives

Welfens, Paul J.J.
Heftet / 2011 / Engelsk
Welfens, Paul J.J.
Heftet / 2011 / Engelsk
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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.
Les mer
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. 7% in East Germany's GDP it was still about 9 percentage points lower than in western Germany.
Les mer
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.
Les mer
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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.
Les mer
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. 7% in East Germany's GDP it was still about 9 percentage points lower than in western Germany.
Les mer
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.
Les mer
Springer Book Archives
Springer Book Archives

Produktdetaljer

ISBN
9783642799747
Publisert
2011-11-24
Utgave
2. utgave
Utgiver
Vendor
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Høyde
242 mm
Bredde
170 mm
Aldersnivå
Research, P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet

Redaktør
Welfens, Paul J.J.

Relaterte produkter