This study aims at the character of German transformation after the unification. It is not so-called market-driven, but a state agency, named Treuhandanstalt fulfiled the business. Treuhandanstalt investigate the concept of the firm and monitored the ...
This study aims at the character of German transformation after the unification. It is not so-called market-driven, but a state agency, named Treuhandanstalt fulfiled the business. Treuhandanstalt investigate the concept of the firm and monitored the exercise by “detailed negotiaed contracts”. Its duty is not only the shift of the ownership, but also the restructuring of the firm. If necessary, she gave the subsidy and facilitate the succession of the employment. At the early of 1992, the priority of the policy shifted from “the fast privatization” to “the high employment succession”. It considered the `need of local economy` and `the logic of industry`. In the sensible branches, ex. ship or steel, it is required to govern the interests of various collective actors, so we need a new perspective to analyze them. the next step will be to analyze the micro political process of the economic policy-making.