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Author: | Hornschild, K. Scherzinger, A. |
Title: | Structural problems restrain the development of innovative potential in East Germany |
Journal: | Economic Bulletin
1995 : MAR, VOL. 32:3, p. 3-12 |
Index terms: | GERMANY, EAST DEVELOPMENT INNOVATION |
Language: | eng |
Abstract: | The east German economy is currently enjoying a strong expansionary phase. With annual GNP growth rates of almost 10%, the new federal states are among the fastest growing regions anywhere in Europe. On the other hand, this expansion is from a comparatively low base and is very largely being financed by transfers from west Germany. A competitive industrial base and an adequate research potential are necessary conditions if east Germany is to develop into a strong economic region. |
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