Between State Capitalism and Globalisation

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Focusing on the economic history of the German Democratic Republic, the book examines its interactions with the global market and the pressures of Soviet-style autarky. It details how GDR policymakers sought to leverage Western imports and credits to stimulate growth, ultimately leading to increased debt and dependency. The analysis includes the complex relationships between East and West German industrialists in the 1980s, supported by a wealth of secondary sources and previously unpublished archival documents, illustrating the GDR's economic decline and limited choices.