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dc.contributor.authorMaier, Charles S.en_US
dc.date.accessioned2010-10-13en_US
dc.date.accessioned2011-12-15T13:16:21Z-
dc.date.available2011-12-15T13:16:21Z-
dc.date.issued2010en_US
dc.identifier.isbn978-92-9230-297-9en_US
dc.identifier.urihttp://hdl.handle.net/10419/54024-
dc.description.abstractThe former German Democratic Republic underwent a unique post-communist transition because it was absorbed into the wealthy Federal Republic of Germany and has received massive subsidies. Nonetheless, serious difficulties have persisted, including higher unemployment, rapid deindustrialization, and greater political loyalty to the successor parties of the former Communists than in the West. The reasons for these phenomena remain debated, but seem to the legacy of concealed structural weakness in the old GDR, perhaps the one-to-one conversion of East German savings into Deutschmarks, and the commitment to elevate wage levels in the East close to those prevailing in the FRG.en_US
dc.language.isoengen_US
dc.publisherWIDER Helsinkien_US
dc.relation.ispartofseriesWorking paper // World Institute for Development Economics Research 2010,60en_US
dc.subject.jelP20en_US
dc.subject.jelP31en_US
dc.subject.ddc330en_US
dc.subject.keywordcurrency conversionen_US
dc.subject.keyworddeindustrializationen_US
dc.subject.keywordmarket economyen_US
dc.subject.keywordtransitionen_US
dc.subject.keywordTreuhanden_US
dc.subject.keywordunemploymenten_US
dc.titleThe travails of unification: East Germany's economic transition since 1989en_US
dc.typeWorking Paperen_US
dc.identifier.ppn63660022Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Working Papers, United Nations University (UNU)

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