The decline and resurgence of the 'German model': The Treuhandanstalt and privatization politics in East Germany
Titel:
The decline and resurgence of the 'German model': The Treuhandanstalt and privatization politics in East Germany
Auteur:
Webber, Douglas
Verschenen in:
Journal of European public policy
Paginering:
Jaargang 1 (1994) nr. 2 pagina's 151-175
Jaar:
1994
Inhoud:
At the time of German economic and monetary union in 1990, the Christian-Liberal coalition in Bonn saw in the privatization agency, the Treuhandanstalt (THA), an instrument which could be used to bring about a neo-liberal transformation of the hitherto state-owned and state-controlled East German economy. This article portrays how, owing to the failure of the government's policy, as manifested by the deep economic crisis in the region, the Bonn government and the THA were gradually forced to adjust their original strategy, especially by integrating the East German state governments and the trade unions more closely into the policy-making and implementation processes. Since German reunification the model of 'corporatist crisis management', for which the old Federal Republic became famous in the 1970s, has thus experienced a renaissance.