The Creation of the Social Market Economy, 1945-1957
By (author) James C.Van Hook
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Rebuilding Germany by James C.Van Hook
Book DescriptionThe social market economy has served as a fundamental pillar of post-war Germany. Today, it is associated with the European welfare state. Initially, it meant the opposite. Rebuilding Germany examines the 1948 West German economic reforms that dismantled the Nazi command economy and ushered in the fabled 'European Miracle' of the 1950s. Van Hook evaluates the US role in German reconstruction, the problematic relationship of Chancellor Konrad Adenauer and his economics minister, Ludwig Erhard, the West German 'economic miracle', and the extent to which the social market economy represented a departure from the German past. In a nuanced and fresh account, Van Hook evaluates the American role in West German recovery and the debates about economic policy within West Germany, to show that Germans themselves had surprising room to shape their economic and industrial system.
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Book DetailsISBN: 9780521039963
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 4-Aug-2007
Country of Publication: United Kingdom
Books By Author James C.Van Hook
Rebuilding Germany, Hardback (May 2004)» View all books by James C.Van Hook
This book examines the 1948 West German economic reforms that ushered in the fabled 'economic miracle'.
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