Download or read book Privatization in East Germany written by Mr.Dieter Bös and published by International Monetary Fund. This book was released on 1992 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Treuhandanstalt and Privatisation in the Former East Germany written by Jutta E. Howard and published by Routledge. This book was released on 2018-12-20 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Privatization in East Germany written by Dieter Bös and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Privatization in Eastern Germany written by Herbert Brücker and published by Routledge. This book was released on 2005-07-27 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Privatization in East Germany written by Hans-Werner Sinn and published by . This book was released on 1992 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is a critical review of east German privatization policy. It is argued that the restitution of old property rights has been a major obstacle to investment and that the attempt to sell two thirds of an economy in the market place is bound to be a failure. Such an attempt implies serious macro and microeconomic stock-flow problems which erode the sales prices of Treuhand assets, induce the Treuhand to slow down its sales, and reduce private investment. By combining a participation model with a wage freeze the paper designs a social contract that may help increase the chances of economic recovery in east Germany.
Download or read book Economic Efficiency and Political Constraints The Dilemma of Privatization in Eastern Germany written by Patrick Avato and published by GRIN Verlag. This book was released on 2005-05-24 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. [...]
Download or read book The economic transformation in the GDR with focus on the privatization by the Treuhandanstalt written by Jan H. Bühring and published by GRIN Verlag. This book was released on 2014-07-29 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Contesting Agriculture written by Hans C. Buechler and published by State University of New York Press. This book was released on 2012-02-01 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of the privatization of agriculture in eastern Germany captures the turbulent times after the fall of the Berlin Wall in 1989 and the subsequent reunification of the two Germanies. Based in large part on oral histories provided by cooperative managers, newly independent family farmers, and westerners who established farms in the east, the authors examine the competitive struggle involved in the transformation from communism to capitalism. Linking the personal to the local, regional, national, and global, they develop a theory of the construction of identities out of past experiences and new challenges, in order to account for the ambiguities and contradictions inherent in the core relations and ideas that constitute the new Germany.
Download or read book Management Change in East Germany written by Vincent Edwards and published by . This book was released on 1994 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a long-term look at the way business was done before and after the collapse of the Berlin Wall, this book offers an important analysis of the changes in management practice and organisational culture in East Germany. With comparisons of management styles throughout Europe, the study assesses the varying degrees of success achieved by employing these strategies within the transformation of East Germany.
Download or read book The Political Economy of East German Privatization written by Phyllis Dininio and published by Praeger. This book was released on 1999-06-30 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how the political economy of east German privatization was to work in theory as well as how it actually unfolded.
Download or read book Towards Privatization written by Asha Gupta and published by . This book was released on 1999 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization in Poland and East Germany written by Wolfgang Quaisser and published by . This book was released on 1995 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization and Its Labour Market Effects in Eastern Germany written by J. Kühl and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Political Bargaining written by Hans-Peter Weikard and published by . This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Elegance of Incoherence written by Gernot Grabher and published by . This book was released on 1994 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Privatization Process in East Central Europe written by Michal Mejstrík and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is beyond any doubt that East-Central European countries such as Czech Republic, Hungary, Poland and Slovakia has dramatically changed its shape through its radical transition from centrally planned to the market economies in last 7 years. Many economists divide the process of economic transformation into areas of Stabilization, Liberalization, and Privatization/Restructuring. The traditional view is that stabilization and liberalization can be achieved rather quickly-by balancing budgets, balance of payments, tightening money supply, freeing prices and liberalizing trade-but that the area of privatization is one that could be moved to the future and will require much more time. Until 1991, none of the post-communist nations except former East Germany (which had a large decree of support from West Germany) had succeeded in privatizing large numbers of enterprises, even though more than two years had passed since the changes in government in these nations. The privatization has been, however, seen as an extremely important part of reform package together with stabilization and liberalization especially in the Czech Republic from the very beginning. The Czechs originally as a part of the Czechoslovak Federal Republic embarked on an unprecedented path that should have lead not only to stabilization and liberalization, but also to very rapid, mass privatization of its sector of large enterprises that have dominated its economy to an extreme extent.
Download or read book The Economic Transformation of East Germany written by Gerhard Fels and published by . This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
