gdr ; growing national debt

- debts to west grew through 80s to DM40Bn

- though not insurmountable as state had GDP of round DM250Bn, lack exp. w/ which 2 gen. currency meant inc. diff. 2 pay debts

- scale of prob. can b seen in schurer-papier (rep. named after princ. author) prep. 4 politburo in oct. '89

- projected need 2 inc. exp. surplus by 500%+ from '90-'95 to stab. debt levels

- would've been comp. unrealistic w/o complete political and economic restructure

- indeed much debt had been cre8ed by prev. efforts 2 inc. exports which req. initial imports of various tech. + resources 2 kickstart ind. dev.

- imports esp. of cons. goods also used 2 maintain living standards

- in effort 2 gain hard currency GDR resold soviet…