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 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 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 Institutionalised Transformation of the East German Economy written by Sabine Spangenberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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).
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 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 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 Public Administration in Germany written by Sabine Kuhlmann and published by Springer Nature. This book was released on 2021-01-29 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book presents a topical, comprehensive and differentiated analysis of Germany’s public administration and reforms. It provides an overview on key elements of German public administration at the federal, Länder and local levels of government as well as on current reform activities of the public sector. It examines the key institutional features of German public administration; the changing relationships between public administration, society and the private sector; the administrative reforms at different levels of the federal system and numerous sectors; and new challenges and modernization approaches like digitalization, Open Government and Better Regulation. Each chapter offers a combination of descriptive information and problem-oriented analysis, presenting key topical issues in Germany which are relevant to an international readership.
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 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 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:
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 From a Planned to a Market Economy written by Karl Zawadzky and published by . This book was released on 1995 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Structure and Ownership of East German Enterprises written by Wendy Carlin and published by . This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Stasi State Or Socialist Paradise written by Bruni De la Motte and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Much has been written about how awful the German Democratic Republic supposedly was: a people imprisoned by a wall and subjugated by an omnipresent Stasi security apparatus. Such descriptions are based largely on prejudice, ignorance and wilful animosity. This book is an attempt to provide a more balanced evaluation and to examine GDR-style socialism in terms of what we can learn from it. The authors, while not ignoring the real deficiencies of GDR society, emphasise the many aspects that were positive, and demonstrate that alternative ways of organising society are possible. This volume is an updated and much expanded edition of the authors' booklet first published in 2009. Thee have added more detail on how the GDR came into being as a separate state, about how society functioned and what values determined the every-day life of its citizens. There is also a whole new section on what happened in the aftermath of unification, particularly to the economy. While unification brought East Germans access to a more affluent society, freedom to travel throughout the world and the end to an over-centralised political system, it also brought with it unemployment, social breakdown and loss of hope, particularly in the once thriving rural areas." -- From back cover.
Download or read book Privatization in Eastern Europe written by Roman Frydman and published by Central European University Press. This book was released on 1994-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Download or read book Radical Transitions written by Andreas Pickel and published by Westview Press. This book was released on 1992-01-12 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of entrepreneurship under communist rule in the GDR. It sets out to show how the private sector became integrated into the socialist system that prevailed from the end of World War II until 1989, and then developed in the rapid transition to a market economy and new socioeconomic order.
