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Deficit Spending in the Nazi Recovery, 1933-1938

Author : Albrecht Ritschl
Publisher :
Page : 0 pages
File Size : 44,75 MB
Release : 2004
Category :
ISBN :

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This paper examines the effects of deficits spending and work-creation on the Nazi recovery. Although deficits were substantial and full employment was reached within four years, archival data on public deficits suggest that their fiscal impulse was too small to account for the speed of recovery. VAR forecasts of output using fiscal and monetary policy instruments also suggest only a minor role for active policy during the recovery. Nazi policies deliberately crowded out private demand to ensure high rates of rearmament. Military spending dominated civilian work-creation already in 1934. Investment in autobahn construction was minimal during the recovery and gained momentum only in 1936 when full employment was approaching. Continued fiscal and monetary expansion after that date may have prevented the economy from sliding back into recession. We find some effects of the Four Years Plan of late 1936, which boosted government spending further and tightened public control over the economy.

The Nazi Economic Recovery 1932-1938

Author : R. J. Overy
Publisher : Cambridge University Press
Page : 96 pages
File Size : 14,1 MB
Release : 1996-06-27
Category : Business & Economics
ISBN : 9780521552868

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A fully revised and updated edition of this short comprehensive survey of the Nazi economy.

Deficit Spending in the Nazi Recovery, 1933-1938

Author : Albrecht Ritschl
Publisher :
Page : 0 pages
File Size : 27,82 MB
Release : 2004
Category :
ISBN :

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This paper examines the effects of deficits spending and work-creation on the Nazi recovery. Although deficits were substantial and full employment was reached within four years, archival data on public deficits suggest that their fiscal impulse was too small to account for the speed of recovery. VAR forecasts of output using fiscal and monetary policy instruments also suggest only a minor role for active policy during the recovery. Nazi policies deliberately crowded out private demand to ensure high rates of rearmament. Military spending dominated civilian work-creation already in 1934. Investment in autobahn construction was minimal during the recovery and gained momentum only in 1936 when full employment was approaching. Continued fiscal and monetary expansion after that date may have prevented the economy from sliding back into recession. We find some effects of the Four Years Plan of late 1936, which boosted government spending further and tightened public control over the economy.

A Companion to Nazi Germany

Author : Shelley Baranowski
Publisher : John Wiley & Sons
Page : 680 pages
File Size : 22,66 MB
Release : 2018-06-18
Category : History
ISBN : 1118936884

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A Deep Exploration of the Rise, Reign, and Legacy of the Third Reich For its brief existence, National Socialist Germany was one of the most destructive regimes in the history of humankind. Since that time, scholarly debate about its causes has volleyed continuously between the effects of political and military decisions, pathological development, or modernity gone awry. Was terror the defining force of rule, or was popular consent critical to sustaining the movement? Were the German people sympathetic to Nazi ideology, or were they radicalized by social manipulation and powerful propaganda? Was the “Final Solution” the motivation for the Third Reich’s rise to power, or simply the outcome? A Companion to Nazi Germany addresses these crucial questions with historical insight from the Nazi Party’s emergence in the 1920s through its postwar repercussions. From the theory and context that gave rise to the movement, through its structural, cultural, economic, and social impacts, to the era’s lasting legacy, this book offers an in-depth examination of modern history’s most infamous reign. Assesses the historiography of Nazism and the prehistory of the regime Provides deep insight into labor, education, research, and home life amidst the Third Reich’s ideological imperatives Describes how the Third Reich affected business, the economy, and the culture, including sports, entertainment, and religion Delves into the social militarization in the lead-up to war, and examines the social and historical complexities that allowed genocide to take place Shows how modern-day Germany confronts and deals with its recent history Today’s political climate highlights the critical need to understand how radical nationalist movements gain an audience, then followers, then power. While historical analogy can be a faulty basis for analyzing current events, there is no doubt that examining the parallels can lead to some important questions about the present. Exploring key motivations, environments, and cause and effect, this book provides essential perspective as radical nationalist movements have once again reemerged in many parts of the world.

Hitler's Shadow Empire

Author : Pierpaolo Barbieri
Publisher : Harvard University Press
Page : 368 pages
File Size : 24,98 MB
Release : 2015
Category : Business & Economics
ISBN : 0674728858

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Pitting fascists and communists in a showdown for supremacy, the Spanish Civil War has long been seen as a grim dress rehearsal for World War II. Francisco Franco’s Nationalists prevailed with German and Italian military assistance—a clear instance, it seemed, of like-minded regimes joining forces in the fight against global Bolshevism. In Hitler’s Shadow Empire Pierpaolo Barbieri revises this standard account of Axis intervention in the Spanish Civil War, arguing that economic ambitions—not ideology—drove Hitler’s Iberian intervention. The Nazis hoped to establish an economic empire in Europe, and in Spain they tested the tactics intended for future subject territories. “The Spanish Civil War is among the 20th-century military conflicts about which the most continues to be published...Hitler’s Shadow Empire is one of few recent studies offering fresh information, specifically describing German trade in the Franco-controlled zone. While it is typically assumed that Nazi Germany, like Stalinist Russia, became involved in the Spanish Civil War for ideological reasons, Pierpaolo Barbieri, an economic analyst, shows that the motives of the two main powers were quite different. —Stephen Schwartz, Weekly Standard

The Wages of Destruction

Author : Adam Tooze
Publisher : Penguin
Page : 940 pages
File Size : 25,49 MB
Release : 2008-02-26
Category : History
ISBN : 1101564954

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"Masterful . . . [A] painstakingly researched, astonishingly erudite study…Tooze has added his name to the roll call of top-class scholars of Nazism." —Financial Times An extraordinary mythology has grown up around the Third Reich that hovers over political and moral debate even today. Adam Tooze's controversial book challenges the conventional economic interpretations of that period to explore how Hitler's surprisingly prescient vision--ultimately hindered by Germany's limited resources and his own racial ideology--was to create a German super-state to dominate Europe and compete with what he saw as America's overwhelming power in a soon-to- be globalized world. The Wages of Destruction is a chilling work of originality and tremendous scholarship that set off debate in Germany and will fundamentally change the way in which history views the Second World War.

The Nazi Economic Recovery 1932-1938

Author : R. J. Overy
Publisher : Cambridge University Press
Page : 112 pages
File Size : 44,58 MB
Release : 1996-06-27
Category : Business & Economics
ISBN : 9780521557672

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A fully revised and updated edition of this short comprehensive survey of the Nazi economy.

Money and Trade Wars in Interwar Europe

Author : ALESSANDRO ROSELLI
Publisher : Springer
Page : 485 pages
File Size : 39,55 MB
Release : 2014-10-29
Category : Business & Economics
ISBN : 1137327006

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This books explains, on the basis of archival evidence and a simple economic model, why and how the gold standard collapsed in the interwar period. It also reveals how bilateralism and dirigisme in international financial relations emerged from the collapse of the universal gold standard, and how this poisoned international relations.