This book provides a lucid account of economic policy in West Germany from the late 1940s up to the present, including the new challenges presented by the unification of the two German states in 1990. The authors describe and evaluate the major policy controversies and decisions, and place particular emphasis on the characteristically German institutions of policy counseling and their role in policy formation. "...a readable overview of West German economic policy from the end of the Second World War to German unification in 1990 that is densely packed with information." German Studies Review "...a fine and useful summary of West Germany's recent economic history." Journal of Economic History "...the sensible economic thought at the heart of this volume should serve as a sound basis for further work in politics and economics. For this purpose, it is indispensable." Andrew Moravcsik, German Politics and Society This updated paperback edition describes West German economic policy from the late 1940s to the present. The fading miracle provides a lucid account of economic policy in West Germany from the late 1940s up to the present, and has been carefully updated to include a survey of the way Germany has reacted to the new challenges presented by the unification of the two German states in 1990. Used Book in Good Condition