Harmut Berghoff is Director of the German Historical Institute, an independent center for advanced study in Washington, DC, and Professor of Economic and Social History at the University Göttingen in Germany. Dr Berghoff is a member of the editorial boards of the Business History Review and Enterprise and Society. Uta Andrea Balbier is Director of the Institute of North American Studies at King's College London and Lecturer in US History. Her first book, Kalter Krieg auf der Aschenbahn: Deutsch-deutscher Sport, 1950–1972, was a runner-up for the Carl Diem Prize for an outstanding contribution to the field of sports history.

• Part I. Introduction: 1. From centrally planned economy to capitalist avant-garde? The creation, collapse, and transformation of a socialist economy Harmut Berghoff and Uta Balbier; 2. From the Soviet occupation zone to the new Eastern states: a survey André Steiner; Part II. Beginnings, Crises, and Reforms: The Planned Economy, 1945–71: 3. Winner takes all: the Soviet Union and the beginnings of central planning in Eastern Germany, 1945–9 Burghard Ciesla; 4. National socialist autarky projects and postwar industrial landscape Rainer Kalsch; 5. Innovation and ideology: Werner Hartmann and the failure of the East German electronics industry Dolores L. Augustine; 6. East German workers and the dark side of Eigensinn: divisive shop-floor practices and the failed revolution of June 17, 1953: the political and economic effects of shop-floor practices, 1945 Andrew I. Port; Part III. Living Beyond One's Means: The Long Decline, 1971–89: 7. From schadenfreude to going-out-of-business sale: East Germany and the oil crises of the 1970s Ray Stokes; 8. Innovation in a centrally planned economy: the case of the Filmfabrik Wolfen Silke Fengler; 9. Debt, cooperation, and collapse: East German foreign trade in the Hoenecker years Ralf Ahrens; 10. Ulbricht's and Hoenecker's Volksstaat? The common economic history of militarized regimes Jeffrey Kopstein; Part IV. Transformation, Subvention, and Renewal, 1989–2010: 11. The East German economy in the twenty-first century Michael C. Burda; 12. The social policy of unification and its consequences for the transformation of the economy in the new Eastern states Gerhard A. Ritter; 13. German economic unification: a view through the lens of the postwar recovery Holger C. Wolf.

'This stellar and invaluable volume of essays offers a state-of-the-art integrated narrative from the post-division to post-reunification East German economy. Avoiding a simple 'failure' story, it shows the contradictory qualities of the East German economy that once appeared as a star performer that might 'overtake without catching up' with the West, to use the famous paradoxical promise of Walter Ulbricht. This book reminds us that core parts of Eastern Germany were always 'Central Germany' (Mitteldeutschland) and that understanding the fading trajectory of the East German economic experiment is central to understanding German history more generally.' Jeffrey Fear, University of Glasgow