Preface; 1. Stylised facts 1948-1989; 2. 1945-1948: establishing a liberal order; 3. 1948-1960: spontaneous growth; 4. 1960-1973: towards managed growth; 5. 1973-1989: Facing the slowdown; 6. Two cheers for German unification; 7. A new miracle?; References.
This updated paperback edition describes West German economic policy from the late 1940s to the present.
'A masterful documentation and analysis of not only the development of the West German economy over time, but an insight into what went right during the 1950s as well as what went wrong during the subsequent decades.' 'This book is a shining example of careful scholarship at its best, undertaken with the weighed judgement and thoughtfulness that only years of experience with both policy and theory can produce.' 'This timely and important book ... fills a gap in the economic history of West Germany ... in a thoroughly professional and substantial way.' Rudiger Dornbusch, Journal of Economic Literature 'This is a first-class survey of a very important topic - informative, clear, accurate, very well-written, and always interesting.' Andrea Boltho, The Economic Journal