Germany: Twenty Years After The Union

Abstract

One of the most important events in the world after World War II was the reunification of Germany, during the late 1980s and early 1990s. The aim of this paper is to discuss the general economic conditions in Germany, before and after the reunification. This paper is divided into four parts. The introductory section provides a summative discussion of the economic conditions in East and West Germany from World War II until the time of reunification. The second section presents an evaluation of the German economy since the reunification. The third section presents macroeconomic data to illustrate the general impact of the unification on the German economy. The final section offers concluding remarks and recommendations.