Political Experience in Economic and Social Transformation

Abstract This article outlines the political events related to German unification on the occasion of its 30th anniversary. The revolutionary upheaval of 1989-90 led to the formulation of common economic and social models in the former Eastern bloc countries. The implementation of these transformatio...

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Main Author: Christoph Bergner
Format: Article
Language:deu
Published: Sciendo 2021-04-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-2831-7
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author Christoph Bergner
author_facet Christoph Bergner
author_sort Christoph Bergner
collection DOAJ
description Abstract This article outlines the political events related to German unification on the occasion of its 30th anniversary. The revolutionary upheaval of 1989-90 led to the formulation of common economic and social models in the former Eastern bloc countries. The implementation of these transformation goals proved difficult in former socialist countries and met with little success. It became apparent that the political challenges of transforming centrally planned socialist economies into market economies governed by the rule of law were largely underestimated by politicians. In East Germany, the Treuhandanstalt (privatisation agency) made an indispensable, albeit highly conflictual, contribution to solving this problem. The economic and social transformation of East Germany took place with its accession to the German Constitution. The fall of the “Iron Curtain” gave the process of globalisation a considerable acceleration, which in turn made strengthening competitiveness a growing challenge for German politics.
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spelling doaj-art-7a26953d9dd247bf89946b568fdc11802025-02-02T02:15:35ZdeuSciendoWirtschaftsdienst0043-62751613-978X2021-04-01101S13610.1007/s10273-021-2831-7Political Experience in Economic and Social TransformationChristoph Bergner0c/o CDU Halle (Kreisgeschäftsstelle)Abstract This article outlines the political events related to German unification on the occasion of its 30th anniversary. The revolutionary upheaval of 1989-90 led to the formulation of common economic and social models in the former Eastern bloc countries. The implementation of these transformation goals proved difficult in former socialist countries and met with little success. It became apparent that the political challenges of transforming centrally planned socialist economies into market economies governed by the rule of law were largely underestimated by politicians. In East Germany, the Treuhandanstalt (privatisation agency) made an indispensable, albeit highly conflictual, contribution to solving this problem. The economic and social transformation of East Germany took place with its accession to the German Constitution. The fall of the “Iron Curtain” gave the process of globalisation a considerable acceleration, which in turn made strengthening competitiveness a growing challenge for German politics.https://doi.org/10.1007/s10273-021-2831-7
spellingShingle Christoph Bergner
Political Experience in Economic and Social Transformation
Wirtschaftsdienst
title Political Experience in Economic and Social Transformation
title_full Political Experience in Economic and Social Transformation
title_fullStr Political Experience in Economic and Social Transformation
title_full_unstemmed Political Experience in Economic and Social Transformation
title_short Political Experience in Economic and Social Transformation
title_sort political experience in economic and social transformation
url https://doi.org/10.1007/s10273-021-2831-7
work_keys_str_mv AT christophbergner politicalexperienceineconomicandsocialtransformation