East Germany’s Economic Development since Unification

1. Front Matter

   Pages i-xvi

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2. The German Economy and the New Länder

   1. Front Matter

      Pages 1-1

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   2. From Miracle to Crisis? The German Economy at the End of the Twentieth Century

      • Karl-Heinz Paqué

      Pages 3-19

   3. The ‘German Model’ in Decline

      • Jens Hölscher, Johannes Stephan

      Pages 20-36

   4. Economic Policy for the New German Länder: Supply-Side Economics Needed

      • Michael Hüther

      Pages 37-49

3. Microeconomic Problems and Privatisation

   1. Front Matter

      Pages 51-51

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   2. The Eastern Länder as a Transition Economy

      • Michael Kaser

      Pages 53-78

   3. Determinants of Entrepreneurial Success in East Germany

      • Marc Herzog

      Pages 79-91

   4. Private Property and the Transformation Process

      • Wolfram Waldner

      Pages 92-106

4. New Institutions and Economic Policy

   1. Front Matter

      Pages 107-107

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   2. Problems of the Welfare State and the New German Länder

      • James Coop, Rudi Vis

      Pages 109-119

   3. The Institutional Architecture of an Alliance for Jobs

      • Jens Bastian

      Pages 120-140

   4. Catching Up with the West: The Achievements and Limitations of Creative Destruction

      • Thomas Lange, Geoff Pugh

      Pages 141-165

   5. Economic Aspects of German Unification: Lessons for European Integration

      • Eric Owen Smith

      Pages 166-184

   6. Lessons from German Unification for European Integration? A Conceptual Approach

      • Anja Hochberg

      Pages 185-198

5. Back Matter

   Pages 199-217

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The first book in the Studies in Economic Transition series applies the theory of economic development to the economy of East Germany. Eight years after the unification of Germany, the book provides a comprehensive and much needed assessment of the transition process in the East, its impact on the German economy as a whole and the important broader lessons for European integration and enlargement. The unique economic experiment of the unification of the German economies provided an excellent opportunity for different schools of economic theory to be tested and examined. The contributors to this book take full advantage of this challenge.

• creative destruction
• development
• Economic Development
• economic policy
• economic theory
• economics
• European integration
• integration
• microeconomics
• transition
• welfare

• Institute for German Studies, University of Birmingham, UK

  Jens Hölscher

• European Business Management School, University of Wales Swansea, UK

  Anja Hochberg

JENS BASTIAN Lecturer at the European Institute, Department of Government, London School of Economics and Political Science JAMES COOP Doctoral candidate at Imperial College, University of London MARC HERZOG Lecturer in Business Administration and Marketing, University College, Dublin MICHAEL HÜTHER Secretary General of the German Council of Economic Experts MICHAEL KASER Honorary professor in the Institute for German studies, University of Birmingham THOMAS LANGE Reader in Economics, Robert Gordon University, Aberdeen ERIC OWEN SMITH Senior Lecturer in Economics, Loughborough University KARL-HEINZ PAQUÉ Professor for International Economics, University of Magdeburg GEOFF PUGH Principal lecturer in European Economics, Staffordshire University Business School JOHANNES STEPHAN Doctoral candidate, Institute for German Studies, University of Birmingham RUDI VIS Labour MP for Finchley since May 1997. Formerly Lecturer in Economics, University of East London WOLFRAM WALDNER Assistant Lecturer in Law, Erlangen University

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