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Economic-policy recommendations for improving the eastern German economy

Author

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  • Wolfgang Böhmer

Abstract

Wolfgang Böhmer, Minister President of Saxony-Anhalt, points out that especially Saxony-Anhalt was affected by the economic upheaval after unification, since the two dominating branches of industry - heavy machinery and plant construction as well as chemicals - had no chances of survival in their former structures. This deficit required very painful structural adjustments. However, through investments in the infrastructure, a targeted promotion of economic development and particularly investments in knowledge and research, the goal of putting Saxony-Anhalt on its own two feet can be reached by 2019.

Suggested Citation

  • Wolfgang Böhmer, 2009. "Economic-policy recommendations for improving the eastern German economy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(18), pages 16-18, September.
    • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:18:p:16-18
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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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