Germany's Economic Performance

Introduction; J.Hölscher Keynote Address: The Post-Reunification Economy of Germany - Past, Present and Future; S.F.Frowen Aftermath of the Reunification of Germany: Remarks on the Keynote Address of Stephen F. Frowen; N.Kloten PART 1: MONETARY ISSUES Monetary Policy Transparency: A Comparison between Bundesbank/ECB and the Bank of England; I.Biefang-Frisancho Mariscal & P.Howells Bad for Euroland, Worse for Germany: The ECB's Record; J.Bibow Monetary Targeting by the German Bundesbank; W.W.Heering Comment; K.Soufani PART 2: MACROECONOMIC PERFORMANCE From Initiating to Breaching to Diluting the Stability and Growth Pact; H.Feldmann Wages, Macroeconomic Policies and Germany's Stagnation; E.Hein & A.Truger Comment; W.Schelkle PART 3: STRUCTURAL DEVELOPMENTS Collective Bargaining and Labour Markets; L.Funk Comment; E.Owen Smith PART 4: EAST GERMANY Firm-Specific Determinants of the Productivity Gaps between East and West; J.Stephan East Germany's Economic Transition in Comparative Perspective; M.Kaser PART 5: CONCLUSION Investment Location Germany; N.Walter