Bullettin n. 1/2011 | ||
June 2011 | ||
Renzsch Wolfgang |
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Closing the gap? The Financial Crisis and the German Länder | ||
in Europe en formation (L') , n. 358, hiver, 2010 , 2010 , 51-60 | ||
This article analyses the effects of the global fi nancial crisis in the German economy through the main indicators of GNP, employment, taxes and equalisation, making a distinction between Western and Eastern Germany. It reaches the conclusion that the recovery follows the traditional German economic path. Moreover, the gap between East and West Germany is being reduced during the crisis, because of the newly developed industries in the East. | ||