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Introduction 1. A Difficult Start? Initial Conditions in the SovietOccupation Zone Economic Potential and Structure at the End of the War PlantDismantling and Reparations Political Forces in the Soviet Occupation Zoneand their Ideas on Economic Policy Land Reform and Nationalisation ofIndustry Restarting Production 2. The Establishment of the Planned Economy1948-1952 German Economic Commission and Currency Reform Problems of EconomicControl Reorientation of Foreign Trade and Industrial Development Agricultureand Supplies for the Population The Resolution to 'Build Socialism' TheEvents of 17 June 1953 3. Between Shortages and Growth 1953-1963 Industrialand Structural Policy The Private Sector and Agriculture Problems of theSteering Mechanism Growth, Structural Transformation and Standard of LivingThe 'Main Economic Task': 'Catch Up and Overtake' Collectivisation and theRoad into Crisis 1960/61 4. The 'Golden' Sixties? Economic Reform betweenTake-off and Crisis 1961-1971 Storfreimachung and Produktionsaufgebot 1961/62A 'New Economic System'? Implementation of the Reform 'Overtake withoutCatching Up' Economic Results and Living Standards in the Reform Period TheGrowth Crisis of 1969/70 and its Political Consequences 5. 'Unity ofEconomic and Social Policy' 1971-1982 Honecker's 'Main Task' FewerInvestments and Innovations? Concentration in Industry and Agriculture AndMore Consumption? Debt Crisis 6. Continued Economic Decline 1982-1989Getting out of Debt? Dispensing with Reforms in the Steering of the EconomyGrowing Loss of Assets More Money, Fewer Goods Final Crisis BriefBiographies Index