Financing of the real sector: practice of economic recovery in East Germany

Abstract

The article is about conditions and results of a state program for stimulation of private capital investments in the East Germany during the period after german reunification (the beginning of the 1990th). The article considers analysis of the European Recovery Program, characteristic of its participants, scheme, conditions and stages of their cooperation. The author separately notes innovative features of infrastructure for effective financing of the companies. In the article are described not only results of the stimulation program but also the economic conditions in Germany and Russian Federation and possibility of integration of German experience into Russian practice.