A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … below the west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of … only 59% of west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west German per capita level, and convergence seems to have come to a halt at an overall labor productivity of only 55% of … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

The analogy between the economic problems of the Mezzogiorno region and East Germany has been initially contested by … economic predicament. With an aggregate labour productivity of less than 60% relative to the rest of the country, both are true …

The analogy between the economic problems of the Mezzogiorno region and East Germany has been initially contested by … economic predicament. With an aggregate labour productivity of less than 60% relative to the rest of the country, both are true …