This paper answers the question which developing countries have gained and which have lost in the international division of labor during the last thirty years. The indicators used are GDP per capita in constant purchasing power parity and relative distance to the United States. Nearly all...

This paper answers the question which developing countries have gained and which have lost in the international division of labor during the last thirty years. The indicators used are GDP per capita in constant purchasing power parity and relative distance to the United States. Nearly all...

East Germany can be considered a laboratory experiment in the economics of transition. Of the three major issues in economic reforms in the transformation process — establishing an institutional infrastructure, creating monetary stability, and accomplishing adjustment in the economy,...

Rebuilding the capital stock will play the decisive role in the adjustment process in the eastern German economy. Investment increased from DM 92 billion in 1991 to 157 billion in 1994 (in current prices). It amounted to 60 percent of GDP. Investment has been heavily concentrated in buildings;...

Mit einem System von Qualifizierungsgutscheinen kann dem Anstieg der Arbeitslosigkeit in den neuen Bundesländern wirksam begegnet und dem einzelnen der Weg in die Marktwirtschaft erleichtert werden. Eine Förderung der Qualifikation ostdeutscher Arbeitskräfte setzt unmittelbar bei den Ursachen...

In der Öffentlichkeit wird verstärkt die Frage diskutiert, ob die Wirtschaftspolitik für die jungen Bundesländer nicht Alternativen entwickeln muß. An welche Alternativen könnte man denken? Sind diese Alternativen der bisher verfolgten Strategie überlegen? Soll die bisherige Strategie...

In the 1990s, the economic policy situation in Germany will be determined by how quickly eastern Germany catches up. This will determine the extent of transfers and, consequently, Germany's fiscal policy stance, which, in turn, will influence the macroeconomic policy mix and the growth potential...