The fall of Berlin Wall Name University Affiliation Date Economic Significance of the fall of Berlin Wall The significance of the fall of the Berlin Wall in 1989 on the economy cannot be underestimated as it can be attributed to having been a major contributor to the present-day global economy. Following the collapse of communism after the fall of the Wall it not only eliminated a competitor to capitalist approach to economic management but also improved the economic integration between the first second and third world and the welfare impact of European integration. Economic Policy 27(72) 567-602. Thirlwell M. (2018). From the Fall of the Wall to the Fall of the Banks and beyond: three persistent problems for the global economy. Retrieved from www.lowyinstitute.org Treisman D. (2014). The political economy of change after communism. Great Rebirth: Lessons from the Victory of Capitalism over Communist PIIE. Skąpska G. (2009). The rule of law economic transformation and corruption after the fall of the Berlin wall. Hague Journal on the Rule of Law 1(2) 284-306. [...]
Research the fall of the Berlin Wall. In 1-2 pages, briefly summarize the significance of this event to our global economy. Remember to cite your sources using proper APA notation.