With the 1990s, the economy stands on the threshold of a new era. This era is characterized by factors such as the completion of the EU internal market, German reunification, and the opening up of Eastern Europe. In addition to the expected stronger interlinking of economies, a weakening of the economy can be observed in many sectors, leading to a globally stagnant sales situation. Different fiscal measures are being employed by individual nations to address these trends. These developments result in enormous interest rate differentials on a global level, causing a realignment of international exchange rate parities. Furthermore, the intensifying international competition and the unions' push for shorter working hours have triggered a comprehensive wave of rationalization within companies. However, this is also constantly increasing.