East german mark

In the Yalta and Potsdam conferences, the Allies established their joint military occupation and administration of Germany via the Allied Control Council (ACC), a four-power (US, UK, USSR, France) military government effective until the restoration of German sovereignty. In eastern Germany, the Soviet Occupation Zone (SBZ – Sowjetische Besatzungszone ) comprised the five states ( Länder ) of Mecklenburg-Vorpommern , Brandenburg , Saxony , Saxony-Anhalt , and Thuringia . Disagreements over the policies to be followed in the occupied zones quickly led to a breakdown in cooperation between the four powers, and the Soviets administered their zone without regard to the policies implemented in the other zones. The Soviets withdrew from the ACC in 1948; subsequently as the other three zones were increasingly unified and granted self-government, the Soviet administration instituted a separate socialist government in its zone.

  • The per capita economic output in the east is only at 71 percent of the western level, with a disproportionately high share of economic output attributable to the public sector. The economic output generated by the private economy is only at 66 percent of the western level.
  • To close the gap, the eastern German economy would have to grow more rapidly than in western Germany, but precisely the opposite is the case. Germany's leading economic research institutes expect the economy in eastern Germany to grow by percent this year, compared with percent in the west.
  • Since the fall of the Berlin Wall, the population of eastern Germany has declined by almost 2 million people, a trend that is continuing unabated.
  • The proportion of household income derived from welfare payments is 20 percent higher in the east than in the west.
  • Of Germany's 100 largest industrial companies and 100 largest service providers, not one has its headquarters in eastern Germany.

East german mark

east german mark

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