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The greater staying power of structural change: normalising expectations

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  • Michael Hüther

Abstract

Michael Hüther, Director of the Cologne Institute of the German Economy, stresses that more patience is necessary. After 20 years we still have not fulfilled the desires and expectations of the time, but developments have also been surprisingly positive.

Suggested Citation

  • Michael Hüther, 2009. "The greater staying power of structural change: normalising expectations," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(18), pages 26-30, September.
    • Handle: RePEc:ces:ifosdt:v:62:y:2009:i:18:p:26-30
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    References listed on IDEAS

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    2. Markus Demary & Klaus-Heiner Röhl, 2009. "Twenty Years after the Fall of the Berlin Wall: Structural Convergence in a Slow-Growth Environment," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 60(Supplemen), pages 9-34.
    3. Hans-Werner Sinn, 2000. "Zehn Jahre deutsche Wiedervereinigung - Ein Kommentar zur Lage der neuen Länder," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(26-27), pages 10-22, November.
    4. Hans-Werner Sinn, 2000. "Ten years of German unification - a commentary on the situation in east Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(26), pages 10-22, November.
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    JEL classification:

    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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