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Monetary reforms in post-war Germany (1948): preparation, conduct, outcome (conclusion)


  • Boldyrev, Roman

    () (Northern (Arctic) Federal University)

  • Nevskiy, Sergei

    () (Lomonosov Moscow State University)


The article discusses the history of the preparation and conduct of monetary reform in 1948 in West and East Germany. The authors analyze the economic background, the reasons for the reforms and the various options for their conduct, the course of monetary reform in the Western, Eastern Germany and Berlin, socio-economic and political consequences of the reforms for the further development of the BRD and the DDR.

Suggested Citation

  • Boldyrev, Roman & Nevskiy, Sergei, 2014. "Monetary reforms in post-war Germany (1948): preparation, conduct, outcome (conclusion)," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, pages 25-53, December.
  • Handle: RePEc:rnp:ecopol:ep1460

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    References listed on IDEAS

    1. Barry Eichengreen & Albrecht Ritschl, 2009. "Understanding West German economic growth in the 1950s," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 3(3), pages 191-219, October.
    2. Berndt Arnold & Goldschmidt Nils, 2000. "„Wettbewerb als Aufgabe“ - Leonhard Mikschs Beitrag zur Ordnungstheorie und -politik," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 51(1), pages 33-74, January.
    3. Boss, Alfred, 1987. "Incentives und Wirtschaftswachstum: zur Steuerpolitik in der frühen Nachkriegszeit," Kiel Working Papers 295, Kiel Institute for the World Economy (IfW).
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