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"The flow of goods, services, capital, current payments and other transactions of trade across frontiers … is fundamentally free …" - with these words begins the German Außenwirtschafts-Gesetz - AWG (Foreign Trade Act), Article Number One. After this Law had been passed in 1961, many...
Persistent link: https://www.econbiz.de/10011558207
In the decade prior to the economic and financial crisis, Germany's net exports increased in absolute terms as well as relative to the growing level of import intensity of domestically produced export goods and services. This article analyses the direct and indirect employment effects induced...
Persistent link: https://www.econbiz.de/10010338520
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The unification of the two German states within a relatively short period of time now appears inevitable. Yet there is no historical precedent for a successful transformation from a socialist to a market economy. Doubts have been voiced by some as to whether such a transformation is possible....
Persistent link: https://www.econbiz.de/10011546288
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Currently there is much discussion as to whether the chapter of West Germany’s post-war history popularly known as the "Economic Miracle" can be repeated in the region of the former GDR. Professor Lang presents a series of factors which encouraged the West German economic miracle at that time,...
Persistent link: https://www.econbiz.de/10011546630
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The merger of the two German states brings together countries with divergent economic systems, different trade orientations and a rift in terms of wealth. Transforming the East German system into a social market economy raises enormous internal and external adjustment problems in a period in...
Persistent link: https://www.econbiz.de/10011546703
The isolation of national telecommunications markets in the past has meant that pronounced differences remain among the R&D systems operating in the countries of the European Community. The intended opening up of public procurement markets by the end of 1992 could therefore lead to substantial...
Persistent link: https://www.econbiz.de/10011546778
Foreign direct investment has grown rapidly in recent decades and, along with it, foreign research and development activities. The following article analyzes the reasons for the internationalization of R&D, examines its patterns in relationship to Germany and discusses the implications for...
Persistent link: https://www.econbiz.de/10011546781