The Fading Miracle: Four Decades of Market Economy in Germany

ISBN-13: 9780521358699 / Angielski / Miękka / 1995 / 320 str.

Herbert Giersch; Holger Schmieding; Karl-Heinz Paque

Opis

This book provides a lucid account of economic policy in West Germany from the late 1940s up to the present, including the new challenges presented by the unification of the two German states in 1990. The authors describe and evaluate the major policy controversies and decisions, and place particular emphasis on the characteristically German institutions of policy counseling and their role in policy formation.

Recenzje

'This is a first-class survey of a very important topic - informative, clear, accurate, very well-written, and always interesting.' Andrea Boltho, The Economic Journal

Spis treści

Preface; 1. Stylised facts 1948–1989; 2. 1945–1948: establishing a liberal order; 3. 1948–1960: spontaneous growth; 4. 1960–1973: towards managed growth; 5. 1973–1989: Facing the slowdown; 6. Two cheers for German unification; 7. A new miracle?; References.