West Germany from 1949 to 1990 was a story of virtually unparalleled political and economic success. This economic miracle incorporated a well-functioning political democracy, expanded to include a "social partnership" system of economic representation. Then the Wall came down. Economic crisis in the East--industrial collapse, massive layoffs, a demoralized workforce--triggered gloomy predictions. Was this the beginning of the end for the widely...
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Business Business & Investing Economics History Political Science Politics & Social Sciences