동독 사회주의 협동조합은행의 시장경제적 개편에 관한 연구
A Study on the Transformation of Socialist CooperativeBanks in the East Germany into Market-oriented System
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Historically, there is no model for Germany process of reunification which is marked by a substantial transformation of the economic and social system away from a centrally planned economy of the socialist type towards a social market economy. Neither can there be found an example of the transformation of socialist co-operative banks into market- oriented organizations in the history of banks and co-operatives. Thus, theories or models for a successful transformation of socialist co-operative banks did not exist. It was the predominant task to create and promote functioning, healthy, market-oriented banking institutions in the new federal states. This is the perspective underlying the analysis presented here of economic, political and legal problems regarding the transformation of former socialist co-operative banks of the former GDR (German Democratic Republic).
Abstract
Historically, there is no model for Germany process of reunification which is marked by a substantial transformation of the economic and social system away from a centrally planned economy of the socialist type towards a social market economy. Neither can there be found an example of the transformation of socialist co-operative banks into market- oriented organizations in the history of banks and co-operatives. Thus, theories or models for a successful transformation of socialist co-operative banks did not exist. It was the predominant task to create and promote functioning, healthy, market-oriented banking institutions in the new federal states. This is the perspective underlying the analysis presented here of economic, political and legal problems regarding the transformation of former socialist co-operative banks of the former GDR (German Democratic Republic).