The Awakening of the East: Economic Development in the Eastern Federal States

In this Transatlantic Perspectives essay, Dr. Klaus Deutsch and Sascha Brok use the twentieth anniversary of the fall of the Berlin Wall as an opportunity to look at the development of the eastern states, and write that despite a rosy outlook, much work remains to improve economic conditions, especially when it comes to unemployment and overall quality of life.

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The views expressed are those of the author(s) alone. They do not necessarily reflect the views of the American Institute for Contemporary German Studies.
Klaus Deutsch

Klaus Deutsch

Dr. Klaus Deutsch is currently Senior Economist with Deutsche Bank Research. He joined Deutsche Bank in July 1996 as an economist in the unit on Economic and Banking Policy, European integration in the headquarters in Frankfurt. After a one-year exchange stint with the Federal Chancellery in 1999/2000, he founded and has directed the office of DB Research in Berlin. Since 2000, he ran more than 120 events (seminars, workshops, lectures) on a broad range of topics for the political audience in the capital, frequently hosting politicians and senior public officials. He also covers government and regulatory affairs for Deutsche Bank in Germany. Dr. Deutsch received his education in political science and economics from the Free University of Berlin (diplomas in 1990 and 1992, doctorate in 1995) and spent a year as a Fulbright exchange student at George Washington University, Washington, DC, in 1988/89. Dr. Deutsch has published or edited four books on economic policy and international trade and has published several dozens of research reports.