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Article: Eastern Germany's Economy Still Lags Behind
- Article from:
- Xinhua News Agency
- Article date:
- September 3, 2001
CopyrightCopyright 2001 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Eastern Germany's economy is faltering in its efforts to attain
the economic growth and employment levels in the western part of the
country, according toa study released on Monday.
"The eastern German economy's productivity deficit compared to
western Germany remains serious," said the study conducted by the
Institute for Labor Market and Professional Research and the Berlin
Institute for Socioeconomic Structural Analysis among
5,500businesses.
It found the productivity gap between east and west has narrowed
little since the mid-1990s. Eastern German production sites achieved
only 62 percent of western German site productivity,while processing
industries managed a somewhat better 67 percent.