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时间:2019-10-28
《germany’s postwar growtheconomic miracle or reconstruction boom?》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、Germany’sPostwarGrowthEconomicMiracleorReconstructionBoom?GERMANY’SPOSTWARGROWTH:ECONOMICMIRACLEORRECONSTRUCTIONBOOM?RichardReichelDuringthepasttwodecadestherehasbeenaheateddebateaboutthecausesoftheGermanso-calledWirtschaftswunder(economicmiracle)aGermany’sPostwarGrowthEconomicM
2、iracleorReconstructionBoom?GERMANY’SPOSTWARGROWTH:ECONOMICMIRACLEORRECONSTRUCTIONBOOM?RichardReichelDuringthepasttwodecadestherehasbeenaheateddebateaboutthecausesoftheGermanso-calledWirtschaftswunder(economicmiracle)aGermany’sPostwarGrowthEconomicMiracleorReconstructionBoom?GERM
3、ANY’SPOSTWARGROWTH:ECONOMICMIRACLEORRECONSTRUCTIONBOOM?RichardReichelDuringthepasttwodecadestherehasbeenaheateddebateaboutthecausesoftheGermanso-calledWirtschaftswunder(economicmiracle)aGermany’sPostwarGrowthEconomicMiracleorReconstructionBoom?GERMANY’SPOSTWARGROWTH:ECONOMICMIRA
4、CLEORRECONSTRUCTIONBOOM?RichardReichelDuringthepasttwodecadestherehasbeenaheateddebateaboutthecausesoftheGermanso-calledWirtschaftswunder(economicmiracle)aftertheSecondWorldWar.Thisdebatecamesomewhatunexpectedly,astheGermanwargenerationalwaystookitforgrantedthattheimpressivegrow
5、threcordinthe1950sand60swasaconsequenceofeconomicliberalizationafter15yearsoftightplan-ningandstateinterventionismundertheNazidictatorship(Buch-1heim1989).Indeed,aftertheintroductionoftheSozialeMark-twirtschaft(socialmarketeconomy)in1948,LudwigErhard,thefirstfederaleconomicsmini
6、ster,enjoyedalegendaryreputation.Never-theless,Erhardneversawhimselfasa“miracleman.”HealwaysemphasizedthatGermany’srapidgrowthwasduetoasoundeco-nomicpolicy,inparticulartheimplementationofafreeeconomic2system(Erhard1958).Inthe1980s,thisviewwaschallengedbyhistoriansandeconomistswh
7、oarguedthatGermany’spostwargrowthwasessentiallytheresultofareconstructionboomafterthelostwar.ThemainGermanad-vocateofthisreconstructiontheorywasthehistorianWernerAbelshauser(1983).Hequestionedtheimpactofthecurrencyre-CatoJournal,Vol.21,No.3(Winter2002).Copyright??CatoInstitute.A
8、llrightsre-served.RichardReichelisAssociateProf
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