The Romanian Economy In The Twentieth Century

Since 1989 the former communist countries of Eastern Europe have witnessed a profound and dramatic upheaval. The economic coherence of this region, formerly maintained through the adoption of the Soviet system of government, has fractured. In The East European Economy in Context: Communism and Transition, David Turnock examines the transition from communist to free-market economies, both within and between the states of Eastern Europe. As well as containing an informative survey of the impact of communism, The East European Economy in Context provides * Political profiles of individual countries * A clear study of the contrasts between northern and balkan groups * Summaries of regional variations in the transition process * An exploration of the new state structures and resources * Discussion of political stability, inter-ethnic tensions and progress in economic change

The twentieth century has seen Germany transformed from imperial monarchy, through Weimar democracy, National Socialist dictatorship, to finally divide into parliamentary democracy in the West and socialist Volksdemocratie in the East. Pivoting on two World Wars, intense political change has dramatically affected Germany's economic structure and development. This book traces the logic and the peculiarities of German economic development through the Weimar Republic, Third Reich and Federal Republic. Providing a comprehensive analysis of the period, the book also assesses controversial issues, such as the origins of the Great Depression, the primacy of politics or economics in the decision to invade Poland and the future risks to the Weltmeister economy of the Federal Republic oppressed by unemployment, the huge debts of some of its trading partners, and the possibility of worldwide protectionism.