The Treuhandanstalt And Privatisation In The Former East Germany
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The Treuhandanstalt And Privatisation In The Former East Germany
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Author : Jutta E. Howard
language : en
Publisher: Routledge
Release Date : 2018-12-20
The Treuhandanstalt And Privatisation In The Former East Germany written by Jutta E. Howard and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-20 with Business & Economics categories.
This title was first published in 2001. This study explores the operation of the Treuhandanstalt, the trust agency responsible for implementing the massive privatization programme launched in the former East Germany in 1990. It evaluates the level of satisfaction that stakeholder groups typically felt with regard to the agency, its actions and its achievements.
The Economic Transformation In The Gdr With Focus On The Privatization By The Treuhandanstalt
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Author : Jan H. Bühring
language : en
Publisher: GRIN Verlag
Release Date : 2014-07-29
The Economic Transformation In The Gdr With Focus On The Privatization By The Treuhandanstalt written by Jan H. Bühring and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-29 with Business & Economics categories.
Seminar paper from the year 2013 in the subject Economics - Other, grade: 1,0, University of Wrocław (Master of Managerial Economics), course: Economic Policy, language: English, abstract: For an appropriate comprehension and consequently treatise of the German ‘Treuhandanstalt’ (THA) or shortened ‘Treuhand’, trust agency as literal translation and privatization agency as analogous translation, it is absolutely necessary to keep in mind the history and context. “It would be hard to devise a better controlled experiment for comparing different economic systems than the experience provided by East Germany and West Germany: two nations that formerly were one, occupied by people of the same background, the same culture, and the same genetic inheritance, torn apart by the accident of war. On one side of the Berlin Wall is a relatively free economic system; on the other side, a collectivist society” (Milton Friedman 1986, cited in Collier/Siebert 1991: 196). Milton Friedman was assuredly surprised when his ideal field for experimentation of comparing ran in another direction three years later. As commonly known, the mentioned Berlin Wall fell on 9 November 1989 and became the starting point of a never seen before transformation of the German Democratic Republic (GDR) according to his geographical and geostrategic position also known as East Germany. Nevertheless the statement of the recipient of the Nobel Memorial Prize in Economic Sciences and in general one of the most famous economists of the 20th century remains unaffected. The origin of the so-called ‘German reunification’ or ‘the turning point’ is unique; the still special circumstances liberated by the fall of the Berlin Wall, which only formed part of a series of the demolishing Iron Curtain, led to incomparable possibilities regarding transformations in many countries in Central and Eastern Europe (CEE). The formal political accession, occurred on the 3rd October 1990, is a quite famous date and its anniversary is nowadays the national day, the ‘day of German unity’. The Federal Republic of Germany (FRG), previously known as West Germany, from this day forth consisted of sixteen federal states, eleven old and five new ones. But another, earlier aspect of the reunification is not so well known: the bilateral state treaty about the creation of a monetary, economic and social union (MESU) of 18 May 1990, that came into effect on 1 July 1990. This was the comprehensive economic integration of the command economy GDR in the capitalistic, more precisely social market economy, FRG.
The Treuhand And Privatization In Eastern Germany
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Author :
language : en
Publisher:
Release Date : 1993
The Treuhand And Privatization In Eastern Germany written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Germany categories.
The Institutionalised Transformation Of The East German Economy
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Author : Sabine Spangenberg
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Institutionalised Transformation Of The East German Economy written by Sabine Spangenberg and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
"It is, perhaps, worth stressing that economic problems arise always and only in consequence of change. So long as things continue as before, or at least as they were expected to, there arise no new problems requiring a decision, no need to form a plan. " (Hayek, 1945, p. 523) This book is based on my research for the degree of Doctor of Philosophy which I received from Lancaster University, England in the second half of 1997. It is an analysis of the structural transformation of the economic system in East Germany and the behavioural relations these changes imply. The approach of institutionalised transformation (not the least by the creation of the Treuhandanstalt) is examined with a theory-based framework which is derived from system-theoretical, evolutionary and constitutional-ethical considerations as well as from the newly developed adjustment model which has been constructed as a dynamic transformation approach. A relationship between norm changes, the new institutional framework of the economic system and the compatibility of the latter with changes of the remaining partial societal systems is recognised. Rigidity factors in the system's flexibility to react as well as the adjustment of economic behaviour to structural changes are analysed. The "marginal product of system change" is defined (section 2. 8. 2).
Privatization In Eastern Germany
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Author : Herbert Brücker
language : en
Publisher: Routledge
Release Date : 2005-07-27
Privatization In Eastern Germany written by Herbert Brücker and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-27 with Business & Economics categories.
This book gives an analysis of privatization and restructuring by the Treuhandanstalt in East Germany. It also addresses the theoretical and conceptual problems of large-scale privatization in the transformation process.
Privatization In East Germany
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Author : Mr.Dieter Bös
language : en
Publisher: International Monetary Fund
Release Date : 1992
Privatization In East Germany written by Mr.Dieter Bös and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
This paper deals with the privatization, restructuring, and liquidation of East German industrial firms. A partnership model is suggested for privatization where the Government’s property trust (Treuhandanstait (THA)) is made a silent partner of the private investors. The application of a general scheme of wage subsidies is rejected in the paper. Furthermore, the paper argues against restructuring policies of the Government’s property trust and proposes to set decreasing limits on the trust’s finances for the years following 1993. The decreasing financial inflow will force the Government’s trust to close firms, and will also signal the commitment of the Government to liquidate the trust itself by, say, the year 2000.
Privatization In East Germany
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Author : Dieter Bös
language : en
Publisher:
Release Date : 2006
Privatization In East Germany written by Dieter Bös and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
This paper deals with the privatization, restructuring, and liquidation of East German industrial firms. A partnership model is suggested for privatization where the Government`s property trust (Treuhandanstalt (THA)) is made a silent partner of the private investors. The application of a general scheme of wage subsidies is rejected in the paper. Furthermore, the paper argues against restructuring policies of the Government`s property trust and proposes to set decreasing limits on the trust`s finances for the years following 1993. The decreasing financial inflow will force the Government`s trust to close firms, and will also signal the commitment of the Government to liquidate the trust itself by, say, the year 2000.
The Political Economy Of East German Privatization
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Author : Phyllis Dininio
language : en
Publisher: Praeger
Release Date : 1999-06-30
The Political Economy Of East German Privatization written by Phyllis Dininio and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-06-30 with Business & Economics categories.
Shows how the political economy of east German privatization was to work in theory as well as how it actually unfolded.
Economic Efficiency And Political Constraints The Dilemma Of Privatization In Eastern Germany
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Author : Patrick Avato
language : en
Publisher: GRIN Verlag
Release Date : 2005-05-24
Economic Efficiency And Political Constraints The Dilemma Of Privatization In Eastern Germany written by Patrick Avato and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-05-24 with Political Science categories.
Seminar paper from the year 2005 in the subject Business economics - Economic Policy, grade: A-, Johns Hopkins University (School of Advanced International Studies (SAIS)), course: West European Political Economies, language: English, abstract: Firstly, as typical for a centrally planned socialist economy, the great majority of productive capacity belonged to the state. Large, state owned enterprises (Volkseigene Betriebe), often grouped into huge industrial conglomerates (Kombinate), made up 80.7 percent of total assets. Cooperative property accounted for another 14.7 percent in March 1990. Private property merely amounted to 4.7 percent of economic resources and was confined to small-scale businesses, restaurants, and craft shops. Employment was consequently almost entirely in the hand of the state leaving only about 2 percent of the workforce independently employed (Merkl 1994, p. 200). Also, the structure of the GDR economy differed largely from its western counterpart. Employment was heavily concentrated in sectors and branches that had actually been declining in the West. The production was skewed towards agriculture, energy, mining and manufacturing, which together accounted for 47 percent of employment in the GDR (37 percent in the BRD) (Lange and Pugh 1998, p. 32). As shown in table 1 agriculture, forestry and fishery, energy and mining as well as textiles and clothing employed almost 18 percent of the GDR’s workforce in contrast to 7 percent in West Germany. Further differences appeared in the service and trade sector which, by Western standards, was rather underdeveloped in the GDR. [...]
Recasting East Germany
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Author : Chris Flockton
language : en
Publisher: Routledge
Release Date : 2012-11-12
Recasting East Germany written by Chris Flockton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-12 with Political Science categories.
The transformation of east Germany since unification has wrought vast changes in the economy and in society and left deep scars as the types of social protection offered by the centralised socialism of the previous regime gave way to uncertainties and individualised life chances. Social Transformation in Eastern Germany investigates the deep economic and social processes which east Germany has undergone, highlighting the restructuring, the social impacts and the stresses of adjustment experienced by key social groups whose workplace and social context has been recast almost out of recognition since 1990.