: :inin Kyiv (EET)

Europe’s Persistent Gap


It was a shock for many East Germans when they visited West Germany for the first time – not just in 1989 but way back in 1959. Thirty years before the fall of the Berlin Wall, West Germany had already recovered from the devastation of World War II. Between 1950 and 1960, the average GDP growth for West Germany was 8.2 percent, and it was during this period that the London Times declared the country’s performance a Wirtschaftswunder, an economic miracle.
Many East Germans were so impressed by what they saw in West Germany that they didn’t return. “Since the foundation …read more

Source: The Huffington Post

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