German unification and the international economy /
edited by Bernhard Heitger and Leonard Waverman.
London ; New York : Routledge, 1993.
xx, 294 p. : ill.
More Details
London ; New York : Routledge, 1993.
general note
On added t.p.: Centre for International Studies, University of Toronto.
catalogue key
Includes bibliographical references and index.
A Look Inside
Main Description
Examines the issues of change in the international macroeconomy, in particular the rising investment demand from Eastern Europe which has resulted in dramatic investment flow changes. Focus is on Germany and its unique involvement in the changes
Main Description
The 1990s have already witnessed major changes to the international macroeconomy. The savings of the world's two major creditor nations Japan and Germany are likely to shrink further while investment demand rises dramatically, particularly in Eastern Europe. The resulting global investment flows will have profound macroeconomic and growth effects, including the impact on the potential for higher real interest rates and resource shifts. Germany has been uniquely involved in these changes, and its experience is important both in its own right and in its wider applications for the further integration of Eastern and Western Europe.German Unification and the International Economyexamines these issues with Germany as its focus. A group of leading economists from the five German Economic Institutes and leading economists on North America provide a comprehensive analysis of the process of German reunification why it took shape as it did and why it happened with such speed. They explorethe case of Germany, the impact upon the rest of Europe, and the spillover for the international macroeconomy.
Table of Contents
Prefacep. xi
Developments in Eastern Europep. 1
The Economics of German Unificationp. 3
Recent Developments of World Savings and Investmentp. 21
Causes and Consequences of the Expected Shift in the Savings-Investment Balance in Europe: the Case of German Unificationp. 34
Comparative Economic Growth: East and Westp. 65
Structural Change in Eastern Europep. 83
Eastern Europe and the Ec-Trade Relations and Trade Policy with Regard to Industrial Productsp. 113
Spilloversp. 177
Global Investment and Saving Flows: Some Marcroeconomic Scenariosp. 179
Implications of Changes in Global Investment Flows for the Less Developed Countries (Ldcs)p. 203
Macroeconomic Outlook for Mexico and Economic Policyp. 220
Central Issuesp. 239
Prospects for the Uruguay Roundp. 241
The Nationstate-Much Ado About (Almost) Nothing?p. 254
Beyond the Uruguay Round Means Beyond the Borderp. 275
Indexp. 285
Table of Contents provided by Publisher. All Rights Reserved.

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