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The Lessons for Britain and for Europe from the Success of German Counter-inflation Policy

In: Britain, Europe and EMU

Author

Listed:
  • Walter Eltis

    (Exeter College
    University of Reading)

Abstract

In 1945 there was no reason to anticipate that post-war Germany would achieve more successful control over inflation than Britain or the United States. Its macroeconomics had been catastrophic in the inter-war years when the hyper-inflation of the 1920s was followed by mass unemployment and the collapse of orthodox financial policies.

Suggested Citation

  • Walter Eltis, 2000. "The Lessons for Britain and for Europe from the Success of German Counter-inflation Policy," Palgrave Macmillan Books, in: Britain, Europe and EMU, chapter 7, pages 155-168, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-97755-2_7
    DOI: 10.1057/9780333977552_7
    as

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