How Germany turned a war-torn nation to an economic giant and how some economic policies and phenomenons boosted it.

How Germany turned a war-torn nation to an economic giant and how some economic policies and phenomenons boosted it..

Outline. INTRODUCTION. RESEARCH PROCESS. RESEARCH QUESTIONS.

Inspired by a previous trip to Germany and after watching a documentary series, I decided to look into Germany’s recovery post WWII. Challenges faced: Finding recent sources Finding unbiased sources Time management.

IMPACT OF WWII ON GERMANY. CURRENT ECONOMIC STATE.

RESEARCH PROCESS. Source types:. Found through:. (With the help of using keywords).

RESEARCH PROCESS. Peer-reviewed articles like ‘The Determinants of Reconstruction: Why Were the 1960-1990 Post-World War II Transformations in West Germany and South Korea Successful?’ From the journal Political Analysis (Zacharie, 2015).

FINDINGS.

Impact of WWII on Germany. Devastation of homes, schools and hospitals. Shortages of food, clothing and shelter. Widespread illness and starvation. Loss of workforce. Social breakdown..

“Germany is the third-largest economy in the world after the United States and China, and thus also the largest economy in Europe.” (Glunz, 2024).

Focus on R&D. Invests heavily in innovation for a competitive edge. (Weber and Cabrals 2017).

Sectors of Germany’s economy. SERVICES. This includes trade, transport, banking, finance, and administration.

The Marshall plan. Wirschaftswunder (Economic Miracle).

REFLECTION. Course. Skills learnt. Likes: Academic preparation. New skills learnt. Freedom of choice. Dislikes: Time consuming. Very challenging..

REFLECTION. Things to change. Feedback from tutor.

THANKS!. Please keep this slide for attribution. Any questions?.

Bornhorst, F. and Mody, M.A., 2012. Tests of German resilience. International Monetary Fund. Bornhorst, F. and Mody, M.A., 2012. Tests of German resilience. International Monetary Fund. Caldwell, P.C., 2019. Democracy, capitalism, and the welfare state: debating social order in postwar West Germany, 1949-1989. Oxford University Press. Glunz, A. (2024) Economic key facts germany, KPMG. Available at: https://kpmg.com/de/en/home/insights/overview/economic-key-facts-germany.html#:~:text=With%20a%20gross%20domestic%20product,the%20largest%20economy%20in%20Europe. (Accessed: 22 April 2024). Gethard, G. (2023) The German Economic Miracle Post WWII, Investopedia. Available at: https://www.investopedia.com/articles/economics/09/german-economic-miracle.asp (Accessed: 30 January 2024). Henderson, D.R. (2021) German economic miracle, Econlib. Available at: https://www.econlib.org/library/Enc/GermanEconomicMiracle.html (Accessed: 28 January 2024). Meiers, F.J., 2015. Germany’s Role in the Euro Crisis. Berlin’s Quest for a More Perfect Monetary Union, New York. O’Neill, A. (2023) Germany - share of economic sectors in gross domestic product (GDP) 2022, Statista. Available at: https://www.statista.com/statistics/295519/germany-share-of-economic-sectors-in-gross-domestic-product/ (Accessed: 22 April 2024). Schwarz, H.P., 1995. Konrad Adenauer: A German politician and statesman in a period of war, revolution, and reconstruction (Vol. 2). Berghahn Books. Tarnoff, C., 2018. The Marshall plan: Design, accomplishments, and significance (Vol. 18). Washington, DC: Congressional Research Service. Weber, G. and Cabras, I., 2017. The transition of Germany's energy production, green economy, low-carbon economy, socio-environmental conflicts, and equitable society. Journal of Cleaner Production, 167, pp.1222-1231. Zacharie, I., 2015. The Determinants of Reconstruction: Why Were the 1960-1990 Post-World War II Transformations in West Germany and South Korea Successful?. Political Analysis, 17(1), p.7..