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Titlebook: Germany‘s Economic Performance; From Unification to Jens Hölscher (Reader in Economics) Book 2007 Palgrave Macmillan, a division of Macmil

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Comment on Part I rule for what they consider to be a sustainable and proper monetary aggregate with the ultimate goal of controlling inflation in the long run and possibly influencing the level of output and employment in the short run. Central banks have these ultimate goals, but they only have direct control over
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Macroeconomic Policies, Wage Developments and Germany’s Stagnationless stagnated between 2001 and 2003; 2004 saw a weak recovery with a growth rate of 1.6 per cent, but in 2005 growth has decelerated again.. Unemployment has been rising again and reached its post-war maximum. The budget deficit, though not excessively high in international terms, has been rising d
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Comments on Lothar Funk’s Chapter part, this may be rooted in the different incentive structures of the two systems: whereas in the West, the criterion for companies’ success was their ability to remain in business and generate income in a contestable market environment, firms in the East were required to fulfil a plan to which the
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East Germany’s Economic Transition in Comparative Perspectiven . GDP on the eve of unification1; they are being tapered out, but the ‘solidarity package’ beginning this year assures €156 billion for infrastructure investment in the eastern . through to 2015. No other process of imperial or national consolidation involved so heavy a cost to the expanding power
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