Europe's Postwar Recovery

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This book reassesses Western Europe's miraculous economic recovery from World War II and the crisis of 1947. The contributors expose the role of international institutions and contrast the very different national experiences. Their historical analysis has policy relevance—to the debate over the Maastricht Treaty and the Single Market Programme, to the difficulties of adjustment in formerly centrally planned economies, and to reform of the Bretton Woods institutions. This book will be of interest to students of modern European history and to economists.

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Editorial Reviews

From the Publisher
"Weurope's Post-War Recovery is a concise exposition of the favorable influence of international institutions on the European economies. It is written by leading specialists who have presented elsewhere their views at greater length. Its central chapters deserve tp reach a wide audience." Pierre Sicsic, Journal of Economic Literature

"...the volume provides a good overview on contemporary research. As such, it should find a wide readership among economic historians, economists, political historians, and political scientists. Moreover, the book contains some real treasures that make it indispensable for the specialist." Journal of Economic History

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Product Details

  • ISBN-13: 9780521482790
  • Publisher: Cambridge University Press
  • Publication date: 9/28/2003
  • Series: Studies in Macroeconomic History Series
  • Pages: 368
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.94 (d)

Table of Contents

List of contributors; Preface; Part I. Introduction and Survey: 1. Mainsprings of economic recovery in post-war Europe Barry Eichengreen; Part II. The Marshall Plan: 2. The Marshall Plan reconsidered Lucrezia Reichlin; 3. Influencing aid recipients: Marshall Plan lessons for contemporary aid donors Chiarella Esposito; Part III. Other International Intitiatives: 4. The IMF and the creation of the Bretton Woods System, 1944–58 Harold James; 5. The GATT's contribution to economic recovery in post-war Western Europe Douglas A. Irwin; 6. The European Coal and Steel Community: an object lesson? John Gillingham; 7. The European Payments Union: an efficient mechanism for rebuilding Europe's trade? Barry Eichengreen; Part IV. Country Studies: 8. Germany and the political economy of the Marshall Plan, 1947–52: a re-revisionist view Helge Berger and Albrecht Ritschl; 9. 'You've never had it so good?': British economic policy and performance, 1945–60 N. F. R. Crafts; 10. 'Belgian miracle' to slow growth: the impact of the Marshall Plan and the European Payments Union Isabelle Cassiers; 11. France: real and monetary aspects of exchange rate policy under the Fourth Republic Gilles Saint-Paul; Part V. Synthesis: 12. Post-war Germany in the European context: domestic and external determinants of growth Holger C. Wolf; Index.

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