The Political Economy of German Unification

By Thomas Lange; J. R. Shackleton | Go to book overview

reconstruction of competitive firms before selling them to the private sector at decent prices were never at the heart of Treuhand activities.

Employment prospects for eastern German workers employed in either Treuhand-controlled or privatised companies developed predictably. Almost two-thirds of all eastern German workers on short-time contracts ( Kurzzeitverträge) worked in either Treuhand or already privatised companies. It may be true to argue that in purely material terms many of the unemployed are better off than they were while working in the GDR. However, this cannot justify the doubtful and at times simply fraudulent practices of newly privatised companies who did not honour their employment promises. Eastern Germany today may be one of the most dynamic growth regions in Europe. During the peak periods of mass privatisation (between 1991 and 1993), however, only a minority of those workers who had to leave Treuhand companies found new jobs. Almost one in five workers moved into labour relief schemes (including employment companies) and an ever increasing proportion became unemployed, up to 43 per cent in the spring of 1993.


Conclusion

The privatisation policies implemented by the Treuhand have had far-reaching implications, not only for the eastern German labour market but also for an established, decades-old value system that has crumbled away under the regime of western German standards. The Treuhand's official indicators of jobs and investments promised in the sales contracts were quite impressive, yet without being unduly sceptical the reality for the eastern German citizen looked very different indeed. The loss of private and commercial property and the rise in unemployment were experienced on an unprecedented scale. It is true that between 1990 and 1994, 470,000 new businesses were registered with the Chambers of Commerce and Industry (Industrie- und Handelskammer) and the Chambers of Crafts (Handwerkskammer).15. It is also true, however, that

____________________
15.
Of all newly registered companies in eastern Germany, the largest part were in the trade and catering sector (46 per cent). Eleven per cent were new craft businesses and only 4.6 per cent were categorised as industrial firms. These proportions remained fairly constant during the economic transformation and privatisation process between 1990 and 1994 (see Fritsch and Werker 1994; May- Strobl and Paulini 1994).

-54-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
The Political Economy of German Unification
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 200

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.