The Economics of German Unification

The Economics of German Unification PDF

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.

Economic Aspects of German Unification

Economic Aspects of German Unification PDF

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?

Jumpstart

Jumpstart PDF

Author: Gerlinde Sinn

Publisher: MIT Press

Published: 1992

Total Pages: 274

ISBN-13: 9780262691727

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The unification of Germany is a policy issue of worldwide interest and holds key lessons for the remaining post-socialist economies. This text presents a clearly argued analytical account of the reunification process and the policy alternatives.

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 PDF

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.

The Economic Impact of Social Ties

The Economic Impact of Social Ties PDF

Author: Konrad B. Burchardi

Publisher:

Published: 2011

Total Pages: 0

ISBN-13:

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We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent rise in their personal incomes after the fall of the Berlin Wall. Moreover, the presence of these households significantly affects economic performance at the regional level: it increases the returns to entrepreneurial activity, the share of households who become entrepreneurs, and the likelihood that firms based within a given West German region invest in East Germany. As a result, West German regions which (for idiosyncratic reasons) have a high concentration of households with social ties to the East exhibit substantially higher growth in income per capita in the early 1990s. A one standard deviation rise in the share of households with social ties to East Germany in 1989 is associated with a 4.6 percentage point rise in income per capita over six years. We interpret our findings as evidence of a causal link between social ties and regional economic development.

The Political Economy of German Unification

The Political Economy of German Unification PDF

Author: Thomas Lange

Publisher: Berghahn Books

Published: 1998

Total Pages: 216

ISBN-13: 9781571818805

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Examines such issues as privatization, monetary reform, and unemployment in reunified Germany. Contributors from economics and politics discuss the complex processes of the unification and what can be learned from it about economies and societies that undergo profound transformations. They suggest that Europe as a whole is about to encounter such change of like magnitude. Annotation copyrighted by Book News, Inc., Portland, OR