The paper comments on the economic effects of the German unification. Apart from discussing the unification in an international perspective, analyzing the distributional consequences, and pointing to structural adjustment problems, it emphasizes the distinction between the frequently cited money...

The paper comments on the economic effects of the German unification. Apart from discussing the unification in an international perspective, analyzing the distributional consequences, and pointing to structural adjustment problems, it emphasizes the distinction between the frequently cited money...

The first shall be last -- How German workers lost their competitive edge -- Trade-union capitalism -- Competing against the welfare state -- The withering East -- Taxes and transfers : the endless loop -- The birth dearth -- EU enlargement, migration, and the new EU constitution -- Rethinking...