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Item Details
| Title:
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ECONOMIC ASPECTS OF GERMAN UNIFICATION
EXPECTATIONS, TRANSITION DYNAMICS AND INTERNATIONAL PERSPECTIVES |
| By: |
Paul J. J. Welfens (Editor) |
| Format: |
Hardback |
| List price:
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£72.00 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
3540602615 |
| ISBN 13: |
9783540602613 |
| Publisher: |
SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG |
| Pub. date: |
31 October, 1995 |
| Edition: |
2nd rev. and enlarged ed. |
| Pages: |
542 |
| Description: |
This text analyzes the German unification after five years with respect to expectations, international impact and internal adjustments - including structural shifts. The triangular relationship between the USA, the EU and Japan, and their economic co-operation is examined. |
| Synopsis: |
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. |
| Illustrations: |
110 black & white tables, biography |
| Publication: |
Germany |
| Imprint: |
Springer-Verlag Berlin and Heidelberg GmbH & Co. K |
| Returns: |
Returnable |
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