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Die Disparität der Sparquoten Ost- und Westdeutschlands: kann der spezifische ostdeutsche Transformationsprozess die Abweichung erklären?

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Timo Baas

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Abstract

In Ostdeutschland wurde durch eine schnelle Privatisierung der Banken und den Wiederaufbau der finanziellen Basis der Unternehmen über die Treuhand, das mit dem Transformationsprozess einhergehende Problem der Durchsetzung harter Budgetrestriktionen unterbunden. Demnach wäre eine Angleichung ost- und westdeutscher Sparraten zu erwarten. Dies gilt umso mehr, als die Geschäftsbanken hier bereits mit dem Zusammenbruch des Sozialismus eine an Effizienz- und Risikokriterien orientierte Kreditvergabe durchsetzen konnten und zugleich das entsprechende banktechnische Know-How bereit stand. Dies ist ein deutlicher Unterschied zu den anderen Transformationsökonomien. Dieser Artikel setzt sich mit zwei Ansätzen auseinander: den Initialbedingungen vor der Transformation sowie den mikro- und makroökonomischen Veränderungen, die möglicherweise die zu beobachtenden Unterschiede in den Sparquoten erklären können.

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Article provided by DIW Berlin, German Institute for Economic Research in its journal Vierteljahrshefte zur Wirtschaftsforschung.

Volume (Year): 75 (2006)
Issue (Month): 4 ()
Pages: 121-134
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Handle: RePEc:diw:diwvjh:75-4-8

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  2. Brenton, Paul & Gros, Daniel, 1997. "Trade Reorientation and Recovery in Transition Economies," Oxford Review of Economic Policy, Oxford University Press, vol. 13(2), pages 65-76, Summer.
  3. Abdur R Chowdhury, 2004. "Private Savings in Transition Economies: Are there Terms of Trade Shocks?," Comparative Economic Studies, Palgrave Macmillan Journals, vol. 46(4), pages 487-514, December. [Downloadable!] (restricted)
  4. McKinnon, Ronald I, 1991. "Financial Control in the Transition from Classical Socialism to a Market Economy," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 107-22, Fall. [Downloadable!] (restricted)
  5. Fischer, Stanley & Gelb, Alan, 1991. "The Process of Socialist Economic Transformation," Journal of Economic Perspectives, American Economic Association, vol. 5(4), pages 91-105, Fall. [Downloadable!] (restricted)
  6. Annalisa Ferrando & Rozália Pál, 2006. "Financing constraints and firms’ cash policy in the euro area," Working Paper Series 642, European Central Bank. [Downloadable!]
  7. Erik Berglof & Patrick Bolton, 2002. "The Great Divide and Beyond: Financial Architecture in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 77-100, Winter. [Downloadable!] (restricted)
  8. Campos, Nauro F & Coricelli, Fabrizio, 2002. "Growth in Transition: What we Know, What we Don't and What we Should," CEPR Discussion Papers 3246, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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