Der Artikel spricht sich gegen die Privatisierung des Schienennetzes der Staatsbahnen in Europa aus. Die Privatisierungen in vielen Branchen hätten dem Verbraucher Vorteile beschafft, aber wie am Beispiel Großbritannien zu erkennen ist, ist eine Privatisierung des Schienennetzes von Nachteil,...

This paper is a critical review of east German privatization policy. It is argued that the restitution of old property rights has been a major obstacle to investment and that the attempt to sell two thirds of an economy in the market place is bound to be a failure. Such an attempt implies...

The paper comments on the economic effects of the German unification. Apart from discussing the unification in an international perspective, analyzing the distributional consequences, and pointing to structural adjustment problems, it emphasizes the distinction between the frequently cited money...