Analysis in terms of the two-sector open economy shows that in bringing the market economy to East Germany, West Germany seems to have disregarded important fundamentals. Premature formation of a currency union led to a substantial real appreciation of the East German currency. Premature implementation of the West German system of wage bargaining resulted in inappropriate minimum wage schedules...

Abstract This article offers a broad-ranging comparison of practical philosophy in the West and China with view to enabling not only better mutual understanding between two sides but also self -understanding on each side. Contrary widespread Western conceptions that Chinese may have contributed some important principles first-order morality has little area meta-ethics as compared West, it is ar...

different cultural assumptions of “selfhood” in east and west cultures provide the individuated self-concept in west and collective self-concept in east, which in turn influence how individuals judge their well-being and mental health. while discussing how culture influences formation of self-concept, this paper examines the relationship between cultural pattern of collectivism and self-esteem ...