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The Institutionalised Transformation of the East German Economy

  • Book
  • © 1998

Overview

Authors:
  1. Sabine Spangenberg

    1. Richmond College, School of Business, The American International University in London, GB-London, Great Britain

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Part of the book series: Contributions to Economics (CE)

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xvi
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  2. Research Objectives, Methodology and Layout

    • Sabine Spangenberg
    Pages 1-7

  3. Theoretical Approaches to System Analysis and the Institutional Framework

    • Sabine Spangenberg
    Pages 8-109

  4. The Institutionalisation of the East German System Transformation

    • Sabine Spangenberg
    Pages 110-161

  5. Transitional Privatisation Policy: Objectives, Instruments and Theoretical Implications

    • Sabine Spangenberg
    Pages 162-191

  6. Economic Implications and Post-Institutionalisation Policy

    • Sabine Spangenberg
    Pages 192-239

  7. Application of the Adjustment Model to the East German Transformation

    • Sabine Spangenberg
    Pages 240-260

  8. The Welfare Concept of the East German Transformation

    • Sabine Spangenberg
    Pages 261-277

  9. Synopsis and Conclusions

    • Sabine Spangenberg
    Pages 278-291

  10. Back Matter

    Pages 292-318
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Keywords

About this book

"It is, perhaps, worth stressing that economic problems arise always and only in consequence of change. So long as things continue as before, or at least as they were expected to, there arise no new problems requiring a decision, no need to form a plan. " (Hayek, 1945, p. 523) This book is based on my research for the degree of Doctor of Philosophy which I received from Lancaster University, England in the second half of 1997. It is an analysis of the structural transformation of the economic system in East Germany and the behavioural relations these changes imply. The approach of institutionalised transformation (not the least by the creation of the Treuhandanstalt) is examined with a theory-based framework which is derived from system-theoretical, evolutionary and constitutional-ethical considerations as well as from the newly developed adjustment model which has been constructed as a dynamic transformation approach. A relationship between norm changes, the new institutional framework of the economic system and the compatibility of the latter with changes of the remaining partial societal systems is recognised. Rigidity factors in the system's flexibility to react as well as the adjustment of economic behaviour to structural changes are analysed. The "marginal product of system change" is defined (section 2. 8. 2).

Authors and Affiliations

  • Richmond College, School of Business, The American International University in London, GB-London, Great Britain

    Sabine Spangenberg

Bibliographic Information

  • Book Title: The Institutionalised Transformation of the East German Economy

  • Authors: Sabine Spangenberg

  • Series Title: Contributions to Economics

  • DOI: https://doi.org/10.1007/978-3-642-48854-2

  • Publisher: Physica Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Physica-Verlag Heidelberg 1998

  • Softcover ISBN: 978-3-7908-1103-2Published: 22 June 1998

  • eBook ISBN: 978-3-642-48854-2Published: 06 December 2012

  • Series ISSN: 1431-1933

  • Series E-ISSN: 2197-7178

  • Edition Number: 1

  • Number of Pages: XVI, 318

  • Topics: Economics, general

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