I think recovery after war and plundering is a bit different than normal convergence. Wrecked developed nations don’t behave like developing nations of the same GDP. Since a main difference was East Germany being even more wrecked more of their GDP growth should have been of the easier rebuilding/recovery sort.
I think recovery after war and plundering is a bit different than normal convergence. Wrecked developed nations don’t behave like developing nations of the same GDP. Since a main difference was East Germany being even more wrecked more of their GDP growth should have been of the easier rebuilding/recovery sort.