Article in Journal
The Treuhandanstalt: An Empirical Stocktaking 30 Years after German Reunification
Moritz Hennicke, Moritz Lubczyk, Lukas Mergele
ifo Institute, Munich, 2020
ifo Schnelldienst, 2020, 73, Nr. 09, 49-52
ifo Institute, Munich, 2020
ifo Schnelldienst, 2020, 73, Nr. 09, 49-52
Even 30 years after reunification, the Treuhandanstalt’s management and privatization of enterprises owned by the former GDR remains controversial. This article provides the first detailed empirical survey of the privatization process and its economic consequences for the companies concerned. The authors show that although the Treuhandanstalt was more likely to privatize more productive companies, it also sold them more often to West German investors.
Keywords: Unternehmen, Nationale Einheit, Privatisierung, DDR
JEL Classification: P310
Included in
Journal (Complete Issue)
ifo Schnelldienst 09/2020: Generation without a Future?
ifo Institute, Munich, 2020