quinta-feira, 14 de outubro de 2010
TEc - "United they stand" Ghosts and sequels from the past remain but ahead is as one.
Very interesting brief overview of Germany's internal divide that is likely to endure longer than optimists might have hoped for.
Back in 1991 I made it a point to travel through 'East Germany' after visiting the Western part of the recently reunited country.
I could quickly tell a long time and massive investment would need to follow before Germany became homogenous in infrastructure, the economy and general standards.
20 years is not long enough to overcome the issues and challenges of old and new presented by unification.
Germany is the best example of the pains and difficulties of balancing sister regions with woefully uneven levels of wealth.
Despite there being no cultural or language divide two strikingly opposing economic systems produced 'two' nearly distinct countries within one.
On an upbeat note The Economist failed to capture in writing one crucial fact from the infograph shown:
GDP per capita in the 5 eastern Landers has doubled from 1991 while in western Landers increases have been, as might be expected, much lower.
On that meaningful economic indicator former East Germany is fast catching up.
Those massive financial transfers are making a difference but the challenge to eventually achieve balance remains.
Understandably.
Back in 1991 I made it a point to travel through 'East Germany' after visiting the Western part of the recently reunited country.
I could quickly tell a long time and massive investment would need to follow before Germany became homogenous in infrastructure, the economy and general standards.
20 years is not long enough to overcome the issues and challenges of old and new presented by unification.
Germany is the best example of the pains and difficulties of balancing sister regions with woefully uneven levels of wealth.
Despite there being no cultural or language divide two strikingly opposing economic systems produced 'two' nearly distinct countries within one.
On an upbeat note The Economist failed to capture in writing one crucial fact from the infograph shown:
GDP per capita in the 5 eastern Landers has doubled from 1991 while in western Landers increases have been, as might be expected, much lower.
On that meaningful economic indicator former East Germany is fast catching up.
Those massive financial transfers are making a difference but the challenge to eventually achieve balance remains.
Understandably.
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