East german economy after ww2

Amazon had long impressed him, and while the online merchant had a small presence in the region, he was vexed at how hard it was to find books in Arabic online. Sketching out a simple business plan, Alsallal persuaded angel investors and mentors like Fadi Ghandour, founder of the express delivery company Aramex, to give him a few tens of thousands of dollars to begin. (Ghandour is also chairman of the investment firm Wamda Capital, which focuses on this region, and on whose board of advisors I serve.) Last year, Alsallal raised over $4 million more to expand Jamalon’s operations.

In 1989 mass demonstrations led to a collapse of the Berlin Wall . A year later, on October 3, 1990, East and West Germany were reunited , after being separate states for forty years. 20 years ago German Chancellor Helmut Kohl pushed unification forward and served as the architect of a united Germany. He promised East Germans blooming landscapes and a new western-style life. Not everyone in the western world wanted a united Germany. Great Britain and France were opposed because they thought Germany would become too powerful.

SUEDEKUM: We also had these losers of globalization here in Germany, people who had problems because of trade. But [the] big difference is, in Germany, these people receive more support from the government. There’s a safety net. There is trade-adjustment assistance. There’s active labor market policy trying to bring these people back to other jobs elsewhere and subsidies, trying to keep the communities alive. We do a relatively better job in cushioning the losers.  I’m not saying we’re perfect in that, but I think we’re doing a better job than the United States.

East german economy after ww2

east german economy after ww2


east german economy after ww2east german economy after ww2east german economy after ww2east german economy after ww2east german economy after ww2