The former German chancellor Helmut Schmidt holds that despite the huge transfers from West to East Germany the East German economy does not take off as it was widely expected. We argue it is not despite these transfers but because of them. Building on the common features of the extension of the...

The paper develops a unified general equilibrium model includingsavings with overlapping generations, investment and search unemploament. Long-run analytical results for the small open economy identify capital accumulation as a prime transmission channel. The effects of integration on...

Das vorliegende Heft untersucht verschiedene aktuelle Entwicklungs- und Spannungsfelder im gegenwärtigen China, die von Studierenden im Rahmen eines Task-Force-Seminars erarbeitet wurden: Umwelt-NGOs, Konflikte und Konfliktmanagement am Fallbeispiel Wasser, Neuerungen und...

The former German chancellor Helmut Schmidt holds that despite the huge transfers from West to East Germany the East German economy does not take off as it was widely expected. We argue it is not despite these transfers but because of them. Building on the common features of the extension of the...