Arbeitspapier
Good institutions are not enough: Ongoing challenges of East German development
A major theme in accounts of the transitional recession and delayed convergence in post-communist economies is the role of institutions. Yet via unification, East Germany had immediate access to credible, high quality institutions. This paper argues that success in a capitalist economy depends not only on high quality institutions but also on finding one's niche in the international division of labour. East Germany's experience highlights the long shadow cast by the period under communism over the economy's ability to find its comparative advantage in tradeables on a scale adequate for self-sustaining growth.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 3204
- Classification
-
Wirtschaft
Institutions and Growth
Economywide Country Studies: Europe
- Subject
-
transition
institutions
East Germany
tradeables
convergence
Wirtschaftliche Anpassung
Institutionalismus
Handelbares Gut
Marktnische
Internationale Arbeitsteilung
Neue Bundesländer
- Event
-
Geistige Schöpfung
- (who)
-
Carlin, Wendy
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Carlin, Wendy
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2010
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