The German Wirtschaftswunder. An Economic Miracle: How Germany Developed after World War II

Bikal Dhungel

sept 2015 · GRIN Verlag

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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.

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Education: Bachelors in Economics/Business - Technical University of Cologne, Germany Masters in Health Economics - University of Aberdeen, UK Masters in Economic Development - University of Glasgow, UK Summer School in Development & Environmental Economics, London School of Economics, UK