{"product_id":"9783642799747","title":"Economic Aspects of German Unification: Expectations, Transition Dynamics and International Perspectives","description":"\u003ch1\u003eEconomic Aspects of German Unification: Expectations, Transition Dynamics and International Perspectives\u003c\/h1\u003e \u003ch2\u003eWelfens, Paul J.J.\u003c\/h2\u003e \u003cp\u003ePaul J. J. Welfens The editor is pleased to present a second edition of Economic Aspects of German Unification which includes new chapters and several postscripts. Almost five years after unification output in the ex-GDR is back to its 1989 level. Due to a massive intra-German resource transfer consumption per capita in eastern Germany has not fallen as much as output and employment which reduced by one-fifth within three years. Given high West German transfers which represented about 5% of West German GDP and more than 50% of East German GDP the fall of industrial output could have been much stronger than had politically been feasible. Hence structural change necessary for productivity growth was dramatic in the ex-GDR where the goods producing sector (manufacturing, mining, energy and construction) strongly changed its proportions; within four years construction almost doubled, and the share of investment goods production reduced by 10 percentage points between 1990 and 1994 and is· now down to 21. 1 %. Mining lost two-thirds of its share in the producing sector which itself was reduced relative to GDP. The share of the services industry increased by 5 percentage points between 1991 and 1994, but with a share of 27. 7% in East Germany's GDP it was still about 9 percentage points lower than in western Germany. By contrast, government accounted for 20. 9% of GDP in eastern Germany, but for only 13. 2% in western Germany.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2011-11-24\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003e ISBN-10: 9783642799747\u003c\/p\u003e \u003cp\u003eISBN-13: 9783642799747\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-642-79972-3\u003c\/p\u003e \u003cp\u003eDimensions: 242cm x170cm\u003c\/p\u003e \u003cp\u003ePages: 531\u003c\/p\u003e ","brand":"Springer","offers":[{"title":"Default Title","offer_id":44352472809612,"sku":"9783642799747","price":49.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783642799747.jpg?v=1755115797","url":"https:\/\/lateknightbooks.com\/products\/9783642799747","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}