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....

Worker participation is to be introduced by law in all major German enterprises in 1975 according to Federal Government plans. The new legislation which is to put the principle of the effective equality of labour and capital into practice has encountered fierce criticism, among employers in...

After an initial take-off during the first eight years following unification, the Eastern German economy started to stall and regress to its old growth path of the 1950s and 1960s. The initial quick convergence only compensated for the dismal stagnation that the expropriation and concentration...

With respect to the recently ratified economic stimulus package in Germany, it is fundamentally important to observe whether the expansion of physical infrastructure will further contribute to economic growth. This paper presents a way to address the problem of endogeneity using panel data on 16...

With its "Report on the State of the Nation 1971" the Government of the Federal Republic of Germany (FRG) simultaneously presented an extensive volume of collected studies. Drawn up by 50 experts, the report on the development in the two German states should contribute to facilitating political...