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Seminar paper from the year 2014 in the subject Business economics - Economic Policy, grade: Very Good (1,3), University of Glasgow (Adam Smith Business School), course: Growth and Development, language: English, abstract: This essay deals with the story of economic growth of post-WWII Germany. Devastated in terms of material loss and human well-being, Germany put its name in the books of economic history as a success story of development. The 'Wirtschaftswunder' (Economic Miracle) that started in the early 1950s is a topic that has been intensely studied by scholars. This essay will briefly describe some facts prior to World War II and the extent of loss during the war. The following part will highlight some data about the growth and explain how this was achieved.
This exploration of the statistical evidence on Germany's post-war reconstruction sheds new light on the foundations of German economic power.
This collection of essays covers themes central to German economic history while considering their interaction with other historical phenomena. Among the essays Borchardt considers Germany's late start as an industrial nation, the West-East developmental gradient, key patterns of long-term economic development, and unusual changes in the phenomena of business cycles. The collection also contains the essays which have become the subject of so-called 'Borchardt controversies', in which hypotheses are presented on the economic causes of the collapse of the parliamentary regime by 1929-30, at the very end of the 'crisis before the crisis'. He also explains why there were no alternatives to the economic policies of the slump, and in particular why there was no 'miracle weapon' against Hitler's seizure of power. These are among the most original and stimulating contributions of recent years to the economic history of modern Germany and will be of interest to anyone who ponders deeply the meaning of history.
Europe and much of the developed world have been bogged down by stagnant economic growth and alarmingly high rates of unemployment. But not Germany. This book reveals seven key aspects of the German economy and society that have provided considerable buoyance in an era of global turbulence.
This book provides a new quantitative view of the wartime economic experiences of six great powers; the UK, the USA, Germany, Italy, Japan and the USSR. What contribution did economics made to war preparedness and to winning or losing the war? What was the effect of wartime experiences on postwar fortunes, and did those who won the war lose the peace? A chapter is devoted to each country, reviewing its economic war potential, military-economic policies and performance, war expenditures and development, while the introductory chapter presents a comparative overview. The result of an international collaborative project, the volume aims to provide a text of statistical reference for students and researchers interested in international and comparative economic history, the history of World War II, the history of economic policy, and comparative economic systems. It embodies the latest in economic analysis and historical research.
Why society’s expectation of economic growth is no longer realistic Economic growth—and the hope of better things to come—is the religion of the modern world. Yet its prospects have become bleak, with crashes following booms in an endless cycle. In the United States, eighty percent of the population has seen no increase in purchasing power over the last thirty years and the situation is not much better elsewhere. The Infinite Desire for Growth spotlights the obsession with wanting more, and the global tensions that have arisen as a result. Daniel Cohen provides a whirlwind tour of the history of economic growth, from the early days of civilization to modern times, underscoring what is so unsettling today. He examines how a future less dependent on material gain might be considered, and how, in a culture of competition, individual desires might be better attuned to the greater needs of society.
Traces the history of the Marshall Plan and the efforts to reconstruct western Europe as a bulwark against communist authoritarianism during a two-year period that saw the collapse of postwar U.S.-Soviet relations and the beginning of the Cold War.
In 1945, when the Red Army marched in, eastern Germany was not "occupied" but "liberated." This, until the recent collapse of the Soviet Bloc, is what passed for history in the German Democratic Republic. Now, making use of newly opened archives in Russia and Germany, Norman Naimark reveals what happened during the Soviet occupation of eastern Germany from 1945 through 1949. His book offers a comprehensive look at Soviet policies in the occupied zone and their practical consequences for Germans and Russians alike--and, ultimately, for postwar Europe. In rich and lucid detail, Naimark captures the mood and the daily reality of the occupation, the chaos and contradictions of a period marked by rape and repression, the plundering of factories, the exploitation of German science, and the rise of the East German police state. Never have these practices and their place in the overall Soviet strategy, particularly the political development of the zone, received such thorough treatment. Here we have our first clear view of how the Russians regarded the postwar settlement and the German question, how they made policy on issues from reparations to technology transfer to the acquisition of uranium, how they justified their goals, how they met them or failed, and how they changed eastern Germany in the process. The Russians in Germany also takes us deep into the politics of culture as Naimark explores the ways in which Soviet officers used film, theater, and education to foster the Bolshevization of the zone. Unique in its broad, comparative approach to the Soviet military government in Germany, this book fills in a missing--and ultimately fascinating--chapter in the history of modern Europe.
Emerging from a collection of city states 150 years ago, no other country has had as turbulent a history as Germany or enjoyed so much prosperity in such a short time frame. Today, as much of the world succumbs to authoritarianism and democracy is undermined from its heart, Germany stands as a bulwark for decency and stability. Mixing personal journey and anecdote with compelling empirical evidence, this is a critical and entertaining exploration of the country many in the West still love to hate. Raising important questions for our post-Brexit landscape, Kampfner asks why, despite its faults, Germany has become a model for others to emulate, while Britain fails to tackle contemporary challenges. Part memoir, part history, part travelogue, Why the Germans Do It Better is a rich and witty portrait of an eternally fascinating country.
Helmut Schmidt, chancellor of the Federal Republic of Germany, is one of the most remarkable and prominent political figures on the contemporary-world stage. His many years of public service in a wide range of government and party positions have coincided with the growth of the Federal Republic; one might say that he and West Germany have grown to maturity together. The various responsibilities that he has undertaken—as a member of the Bundestag, as senator of the city-state of Hamburg, as floor leader of his party in the Bundestag, as minister of defense, as minister of economics and finance, and as chancellor—have kept Schmidt in close contact with the major concerns of the Federal Republic. There is hardly an important issue in West German foreign or domestic policy in which Helmut Schmidt has not participated. Chancellor Schmidt's masterful use of language, developed in the critical forum of parliamentary debate and sharpened over the decades as an instrument of explanation and persuasion, has made his public voice one of the most articulate of our time. The speeches, interviews, and essays collected in this book—the first such collection presented to an English-speaking readership— reflect the broad spectrum of Chancellor Schmidt's experience as well as his political temperament. Many of the chapters focus on practical matters of public policy, but in the more philosophical essays, the reader will find Helmut Schmidt speaking in a reflective, contemplative voice, providing insight into the underlying moral sensibility and personal view of public life that tie his world of thought to his world of action.