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Private Property and the Transformation Process

In: East Germany’s Economic Development since Unification

Author

Listed:
  • Wolfram Waldner

Abstract

When you talk to someone about the difficulties regarding reconstruction in the new Länder (the so-called Aufschwung Ost), he or she will certainly mention the key phrase, ‘unknown ownership of private property’ (ungeklärte Eigentumsverhältnisse). This is said to be the obstacle for the investment of capital or — more often — is the pretext for idleness while other difficulties prevail.

Suggested Citation

  • Wolfram Waldner, 1998. "Private Property and the Transformation Process," Studies in Economic Transition, in: Jens Hölscher & Anja Hochberg (ed.), East Germany’s Economic Development since Unification, chapter 6, pages 92-106, Palgrave Macmillan.
  • Handle: RePEc:pal:stuchp:978-1-349-14705-2_6
    DOI: 10.1007/978-1-349-14705-2_6
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