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  1. Following the introduction of the market economy, the East German economy collapsed due to “a lack of modernization of businesses in the GDR and the initially poor infrastructural conditions.”. Mistakes in the unification process were made but “to a small extent,” such as the “hasty introduction of the Deutschmark.”.

  2. 6. Nov. 2019 · And while 7.5% of East Germans ages 55 to 64 were unemployed in 2018, the share was 5.3% among West Germans in the same age range. Despite these differences, the former East has narrowed the gap with the former West substantially in recent decades. In the early 2000s, the unemployment rate was about 10 percentage points higher in the former ...

  3. 2. Okt. 2020 · Despite the fact that Germany has been reunited for 30 years now, a sense of division remains, as the East still trails the West economically and differences in mentality and political views ...

  4. The OWF Annual Conference from June 2nd to 4th. in Bad Saarow. At the leading conference of the Eastern German economy, prominent figures from business, politics, science, and society converge. The central theme revolves around the opportunities and challenges of economic transformation against the backdrop of increasing pressure for change.

  5. 1. Okt. 2013 · The Structure of the East German Economy by Wolfgang F. Stolper was published on October 1, 2013 by Harvard University Press.

  6. Nonetheless, the economic history of the GDR has been primarily discussed as a failure when compared with the economic success of the Federal Republic and is often cited as one of the pre-eminent examples of central planning's deficiencies. This volume analyzes both the successes and failures of the East German economy. The contributors ...

  7. 1. INTRODUCTION. The excessive increase of East German wages is seen by many observers as the main culprit for the dramatic employment decline and the unprecedented increase in unemployment in the transition process to a market economy (see, e.g., Sinn and Sinn, 1992; Siebert, 1993). At the beginning of the transition process, in most ...