Aims & Learning Objectives:
This unit aims to introduce students to key concepts of the German economic environment. In the second half it will focus on aspects of the integration of the former East into the economy of the West.
Content:
The unit first concentrates on the period of post-war economic reconstruction, in particular on aspects of the 'economic miracle' and the social market economy. Then the emphasis will shift towards the reconstruction of the economy in East Germany following unification. Special emphasis will be on the role of the 'Treuhand', the question of private property, ecological 'Altlasten'. Finally we will discuss the impact of processes of economic globalisation on the German economy.
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