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GDR : TOPIC 4
economic stagnation
koko
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kirsten wood
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An
alternative
economy existed which did not feature in
official
figures
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when was it created?
1966
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Commercial coordination
Bypassing Comecon restrictions
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Commercial coordination
Played an important part in bringing in
modern technology
Had close links with the
Stasi
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Essentially
unsupervised
by any usual channels

1972
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Maintained a
secret fund
of money which could be used for covert purposes or to buy
foreign imports
where there were domestic shortages
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Use of secret fund
Spending
2 million
Ostmarks on
foreign
apples
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Comorecial coordination


Controlled hundreds of companies
Had hundreds of different
bank accounts
Sold weapons
illegally
to warring
factions abroad
Had
art collections
confiscated from
aristocratic owners
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