A blog on all things to do with economics and related subjects
Thursday, 10 January 2019
Trade: the effects of a border between East and West Germany
From the Peterson Institute for International Economics comes this interview in which Soumaya Keynes and Chad Bown talk with Stephen Redding (Princeton University) about his research on the border between East and West Germany erected in the mid-20th century. They discuss the loss of market access for cities near the border, and how being cut off from one's neighbours affected the local economy. Spoiler: It wasn't pretty ...