This paper demonstrates the development of economic reform of the new Germany following the collapse of the Berlin Wall. The analysis focuses on the Treuhandanstalt (THA), established in 1990, with responsibility for dividing up East Germany’s national assets. The role of the THA is shown as a...

The paper is an attempt to re-examine the convergence hypothesis using data for a period of 58 years for the global economies and sub-national economies in India for a set of 141 countries and 27 Indian States. Findings revealed continuance of sigma and beta divergence of global economies till...