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An interpretation of the First German Economic Miracle

Author

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  • Ricardo Luís Chaves Feijó

Abstract

The German Third Reich was successful in reaching its economical objectives. It is intended to explain the causes of the First German Economic Miracle, fitting its economic system into the category of command economy, which does not confuse itself with the centrally planned economy. Thus, in the first section, we describe the so adopted politics in this period and explain how they had led to the recovery of the German economy. The second section evaluates global indicators of economic performance and population welfare. We are looking for to demonstrate the hypothesis that the Nazi economy was efficient. Such efficiency is explained by the characteristics of the German model. JEL Classification: N44.

Suggested Citation

  • Ricardo Luís Chaves Feijó, 2009. "An interpretation of the First German Economic Miracle," Brazilian Journal of Political Economy, Center of Political Economy, vol. 29(2), pages 245-266.
    • Handle: RePEc:ekm:repojs:v:29:y:2009:i:2:p:245-266:id:479
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    Keywords

    Nazi Germany; economic performance; command economy;
    All these keywords.

    JEL classification:

    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-

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