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A team of Common Market economists finally said out loud last week what European businessmen have been whispering about for some time: the once wondrous West German economy is fast slipping toward ...
The German economic miracle refers to Germany's rebirth as a global economic power after the devastation of World War II. German economist Walter Eucken is credited with developing the "social ...
Across West Germany, coverage stood at 99.3 per cent. The difference between the two economic systems was nowhere more visible than in the housing market.
As Germany's minister of economic affairs from 1949 to 1963, Ludwig Erhard crafted the plan for West Germany's post-World War II economic recovery, sometimes called the German "economic miracle ...
In Thuringia, former East Germany, the far-right AfD has won a state election for the first time. Its success is the product of a low-wage economic model that has itself fed anti-migrant backlash ...
That Germany’s modern economic miracle is built on sand, he argues, is visible from how the country that sells cars to the world has allowed its own road infrastructure – particularly in ...
Yet so spectacular was West Germany’s recovery during the 1950s and 1960s that it became known as the “Wirtschaftswunder,” or economic miracle.
The other postwar miracle, far to Japan’s west, is the subject of a new book, Kaput: The End of the German Miracle. Its author, financial journalist and New Statesman columnist Wolfgang Münchau, ...
Though the much-touted German economic miracle has lost some of its sheen lately, unemployment in West Germany last month dropped to its lowest level since World War II. The number of West Germans ...