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Home > Business and Economics > Economics > Macroeconomics > Jumpstart: Economic Unification of Germany
Jumpstart: Economic Unification of Germany

Jumpstart: Economic Unification of Germany


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About the Book

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 German economists synthesize a vast body of literature to present an analytical account of the reunification process and the policy alternatives. The Sinns' primarily non-technical account should interest non-specialists who want to keep up with economic events. Their summary of the German experience with radical reform should provide a valuable reference for specialists in transition economics. Contrary to fears that German reunificiation 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 labour 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.

Review :
""Jumpstart" represents the most authoritative and well-researched analysis of German unification to date. The authors present a lucid and cogent assessment of present and future prospects in East Germany, and their sometimes controversial policy recommendations are based on sound economic reasoning rather than legal of political considerations. German policymakers who ignore the message of this book do so at their own peril."- Michael C. Burda, Associate Professor of Economics, INSEAD & quot; Jumpstart represents the most authoritative and well-researched analysis of German unification to date. The authors present a lucid and cogent assessment of present and future prospects in East Germany, and their sometimes controversial policy recommendations are based on sound economic reasoning rather than legal of political considerations. German policymakers who ignore the message of this book do so at their own peril.& quot; - Michael C. Burda, Associate Professor of Economics, INSEAD " "Jumpstart" represents the most authoritative and well-researched analysis of German unification to date. The authors present a lucid and cogent assessment of present and future prospects in East Germany, and their sometimes controversial policy recommendations are based on sound economic reasoning rather than legal of political considerations. German policymakers who ignore the message of this book do so at their own peril." - Michael C. Burda, Associate Professor of Economics, INSEAD - Michael C. Burda, Associate Professor of Economics, INSEAD


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Product Details
  • ISBN-13: 9780262193276
  • Publisher: MIT Press Ltd
  • Publisher Imprint: MIT Press
  • Height: 229 mm
  • Returnable: N
  • Sub Title: Economic Unification of Germany
  • Width: 152 mm
  • ISBN-10: 0262193272
  • Publisher Date: 25 Mar 1993
  • Binding: Hardback
  • Language: English
  • Spine Width: 25 mm
  • Weight: 454 gr


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