Postwar Economic Revival of the West Germany
|Author:||Bc. Táňa Moleková|
|Year:||2007 - summer|
|Leaders:|| doc. Ing. Karel Půlpán CSc.
|Consultants:|| PhDr. Tomáš Vyhnánek
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||Bachelor thesis „Postwar Economic Revival of the West Germany” deals with the phenomenon of economic revival of the country that was destroyed by the war, with the focus on factors enabling so called “German postwar economic miracle”.
Introductory chapter that shortly describes German economy during the Second World War is followed by analyses of the economic and partly also political situation after capitulation.
The third part is dedicated to two main sources of economic growth, Marshall Plan and monetary reform, which are regarded to be the necessary conditions of revival. In the next chapter, the development of the main macroeconomic indicators in the 1950s and early 1960s is discussed.
The rest of the work tries to capture these processes from the broader perspective and explains the necessity of the positive interaction of various factors participating on postwar economic boom of West Germany.