Reposted by Jonathan Pritchard
More than 35 years after German reunification, a substantial economic gap between East & West remains. A research project led by economist & Max Planck-Humboldt Research Award winner Ufuk Akcigit uses GDR & Treuhand data to reveal why - & what policymakers can do to help close it.
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The long road to economic reunification
Economist Ufuk Akcigit from the University of Chicago was awarded the Max Planck-Humboldt Research Prize in 2019. Drawing on an analysis of documents from the former GDR and the Treuhandanstalt, he is...