Friday, 1 July 2011

Disappointing Reunification: How the East Was Lost

The West German currency Deutsche Mark of was introduced in East Germany 20 years ago today, although "the eastern German economy is still in a sorry state, and there are no indications that the situation will change" (Neubacher & Sauga, 2010).

"I would have sharply increased taxes and would not have pursued reunification with borrowed funds. There is quite a bit of self-deception in the notion that now, in the year of the 20th anniversary of reunification, we are congratulating ourselves on how wonderfully everything has turned out. The facts say otherwise: the high unemployment, the depopulated areas. And the phenomenon that people call "the Wall in our minds" still exists." (Grass, 2010)
Grass, G. (2010) SPIEGEL Interview with Günter Grass: 'The Nobel Prize Doesn't Inhibit Me in My Writing'. [Online],1518,712715-3,00.html [01/07/2011]
Neubacher, A. & Sauga, M. (2010) Germany's Disappointing Reunification: How the East Was Lost. [Online],1518,703802,00.html [01/07/2011]