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To the Economic Development of the Weimar Republic during the Brüning Era
[K ekonomickému vývoji výmarské republiky za Brüningovy éry]

Author

Listed:
  • Radek Soběhart
  • František Stellner

Abstract

Immediately after its succession in 1930 the administration of Heinrich Brüning had to deal with many serious problems. In the economic sphere it had to cope with the Great Depression. Politically, Brüning's government was without the support of parliament, it could, however, rely on goodwill and powers of President Hindenburg. Moreover, it was the era of the greater impact of extremist political parties - Communists and NSDAP. Brüning supported deflationary policy that deepened an impact of the Great Depression in Germany. It led to mass unemployment and growth of votes for Nazi Party. The Cabinet intended to make the best of an unpleasant economic situation to force the Western powers to annul reparations. This attempt was successful but it led to social instability, long-term mass unemployment and deflection from democratic and parliamentary principles.

Suggested Citation

  • Radek Soběhart & František Stellner, 2007. "To the Economic Development of the Weimar Republic during the Brüning Era [K ekonomickému vývoji výmarské republiky za Brüningovy éry]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2007(7), pages 395-404.
    • Handle: RePEc:prg:jnlaop:v:2007:y:2007:i:7:id:225:p:395-404
    DOI: 10.18267/j.aop.225
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