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Jumpstart: The Economic Unification of Germany

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Author Info
Gerlinde Sinn
Hans-Werner Sinn () (University of Munich)

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Abstract

The unification of Germany is one of the most wrenching and dramatic transitions in economic history. A policy issue of worldwide interest, it holds key lessons for the remaining post-socialist economies. In Jumpstart two well-known German economists synthesize a vast body of literature to present the first well-structured, clearly argued analytical account of the reunification process and the policy alternatives. The Sinns' authoritative and primarily nontechnical account will interest nonspecialists who want to keep up with economic events. Their summary of the German experience with radical reform will provide a valuable reference for specialists in transition economics. Contrary to fears that German reunification would bring on a resurgence of nationalism, the Sinns point out, it has met with apathy and indifference. Nonetheless, a great deal is at stake in the battle for redistribution, and the present economic chaos poses a serious threat to social stability. The Sinns suggest a "social pact" between labor and management that could put an end to the struggle over distribution and speed up the transformation of the former East German communist economy into a market economy. The core of this pact is a shift in emphasis from factor prices to the fundamental issues of compensation and the distribution of real wealth.

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Publisher Info
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This book is provided by The MIT Press in its series MIT Press Books with number 0262691728 and published in 1994.

Volume: 1
Edition: 1
ISBN: 0-262-69172-8
Handle: RePEc:mtp:titles:0262691728

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Web page: http://mitpress.mit.edu

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Related research
Keywords: Germany; economic unification; redistribution;

Find related papers by JEL classification:
O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects

Cited by:
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  1. Koen Schoors & Konstantin Sonin, 2005. "Passive Creditors," William Davidson Institute Working Papers Series wp737, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
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  2. JÖRG BIBOW, 2005. "Germany in crisis: the unification challenge, macroeconomic policy shocks and traditions, and EMU," International Review of Applied Economics, Taylor and Francis Journals, vol. 19(1), pages 29-50, January. [Downloadable!] (restricted)
  3. David E. Wildasin, 2000. "Factor Mobility and Fiscal Policy in the EU: Policy Issues and Analytical Approaches," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  4. Beblo, Miriam & Collier, Irwin L. & Knaus, Thomas, 2001. "The unification bonus (malus) in postwall Eastern Germany," ZEW Discussion Papers 01-29, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  5. Bernhard Heitger, 2003. "Minimum Wages And Employment: The Case Of German Unification," International Economic Journal, Korean International Economic Association, vol. 17(1), pages 1-15, April. [Downloadable!] (restricted)
  6. Jörg Bibow, 2001. "On the 'Burden' of German Unification: The Economic Consequences of Messrs. Waigel and Tietmeyer," Macroeconomics 0106004, EconWPA. [Downloadable!]
  7. Schnabel, Claus & Wagner, Joachim, 2003. "Trade Union Membership in Eastern and Western Germany: Convergence or Divergence?," IZA Discussion Papers 707, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Justus Haucap & Uwe Pauly & Christian Wey, 2000. "Collective Wage Setting When Wages Are Generally Binding: An Antitrust Perspective," CIG Working Papers FS IV 00-01, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG). [Downloadable!]
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  9. Fabio Canova & Morten Ravn, 2000. "The Macroeconomic Effects of German Unification: Real Adjustments and the Welfare State," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(3), pages 423-460, July. [Downloadable!] (restricted)
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  10. Komlos, John & Kriwy, Peter, 2003. "The Biological Standard of Living in the two Germanies," Discussion Papers in Economics 55, University of Munich, Department of Economics. [Downloadable!]
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  11. Gary Gorton & Frank Schmid, 2000. "Class Struggle Inside the Firm: A Study of German Codetermination," NBER Working Papers 7945, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  12. Dirk Niepelt, 2004. "Tax Smoothing versus Tax Shifting," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(1), pages 27-51, January. [Downloadable!] (restricted)
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  13. Ignacio Ortuño Ortín & Klaus Desmet, 2006. "Rational Underdevelopment," Working Papers. Serie AD 2006-12, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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  14. Bernhard Heitger, 2001. "Minimum Wages and Employment: The Case of German Unification," Kiel Working Papers 1045, Kiel Institute for the World Economy. [Downloadable!]
  15. S. David Young, 1999. "From plan to market: financial statements and economic transition in the East German enterprise," European Accounting Review, Taylor and Francis Journals, vol. 8(1), pages 157-189, May. [Downloadable!] (restricted)
  16. Michael Fritsch, 2004. "Entrepreneurship, Entry and Performance of New Businesses Compared in two Growth Regimes: East and West Germany," Papers on Entrepreneurship, Growth and Public Policy 2004-41, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group. [Downloadable!]
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  17. Jagadeesh Gokhale & Bernd Raffelhuschen & Jan Walliser, 1994. "The burden of German unification: a generational accounting approach," Working Paper 9412, Federal Reserve Bank of Cleveland. [Downloadable!]
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This page was last updated on 2009-11-5.


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