Economic Aspects of German Unification

1. Front Matter

   Pages I-XI

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2. Introduction: Economic Aspects of German Unification

   1. Introduction: Economic Aspects of German Unification

      • Faul J. J. Welfens

      Pages 1-6

3. Points of Departure

   1. Front Matter

      Pages 7-7

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   2. EC Integration and Economic Reforms in CMEA Countries: A United Germany as a Bridge between East and West?

      • Paul J. J. Welfens, Martin Schrenk

      Pages 9-48

   3. Integrating the East German States into the German Economy: Opportunities, Burdens and Options

      • Lutz Hoffmann, Thomas Mayer

      Pages 49-77

   4. Macroeconomic Aspects of German Unification

      • Hans-Werner Sinn, Rudiger Dornbusch

      Pages 79-142

   5. Transforming a Socialist Economy: Currency Unification, Banking Reform and Capital Markets

      • Karl-Hans Hartwig, Juergen Klose

      Pages 143-160

4. National Challenges

   1. Front Matter

      Pages 161-161

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   2. Labor Markets and Social Security Systems Facing Unification: Systemic Challenges in Germany

      • Doris Cornelsen, Gerhard Bäcker

      Pages 163-182

   3. Environmental Protection: Problems and Prospects in East and West Germany

      • Günter Streibel, Peter Palinkas

      Pages 183-229

   4. Structural Adjustment and Privatization of the East German Economy

      • Claus Schnabel, Garry J. Schinasi

      Pages 231-260

   5. Government Support for Restructuring the East German Economy

      • Henning Klodt, George M. von Furstenberg

      Pages 261-296

5. International Perspectives

   1. Front Matter

      Pages 297-297

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   2. External Aspects of German Unification: The Polish View

      • Andrzej Budziñski, John P. Hardt

      Pages 299-316

   3. Economic Reform in the USSR and Prospects for Trade and Economic Relations with Unified Germany

      • Ruslan S. Grinberg, Angela Stent

      Pages 317-332

   4. German Unification as an Incentive for Institutional and Organizational Changes within the EC: A French View

      • Claude Menard, Steven Kramer

      Pages 333-352

   5. Global Economic Rivalry: New Perspectives on Germany (the EC), Japan and the United States

      • Michael Aho, Gary R. Saxonhouse

      Pages 353-382

   6. Map of Western and Eastern Germany

      • Paul J. J. Welfens

      Pages 384-385

   7. Appendix: Selected Data on Western German and Eastern Germany

      • Paul J. J. Welfens

      Pages 386-389

6. Back Matter

   Pages 391-404

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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?

• Deutschland
• Germany
• Systemtransformation
• Wiedervereinigung
• economic policy
• german reunification
• growth
• macroeconomics
• stability
• systemic transformation
• transformation

• Fakultät für Wirtschaftswissenschaften, Universität Münster, Münster, Germany

  Paul J. J. Welfens

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