Successes in the FRG Flashcards
Economic Miracle early stages
Industrial production rose
Wages increased by 400% between 1949-63
GNP grew by 8% in the 1950s
Unemployment fell from 8.1% in 1950 to 0.8% in 1965
Causes of the economic miracle
Removing price controls
Removing controls over wages and production
Ending inflation through currency reform
Reducing marginal tax rates
Events that triggered an economic miracle
Marshall Aid
Korean War
Ludwig Erhard’s ‘Social Market Policy’
Combining government legislation and capitalism
Economic Integration
Adenauer made West Germany indispensable to the West
Organisation for Europen Economic Co-operation (OEEC) - Oct 1949
European Coal and Steel Community (ECSC) -April 1951
Treaty of Rome 1957 established European Economic Community
Joined EURATOM European Atom Energy Community
Political Integration
Council of Europe - 1948
Achieved rapprochement with France
Military Integration
NATO - FRG Joined in 1955
USSR Relations
Adenauer ignored the 1953 East Berlin uprising
Hallstein Doctrine
Negotiated the return of POW’S in 1955 with Russia
The Second World War
Women were forced out of work
Refugees from the East were approx 12-13 million
1952 Equalisation of Burdens Act
Affluence
430,000 houses were rebuilt by 1952 4 million by 1957 Wages had risen 400% between 1949-63 Social Welfare was available Pensions could be claimed
Reintegration of Former Nazi’s
Nazi Civil servants regained jobs through Law 131
40-80% of Civil Servants were EX-Nazi’s
Decline of Adenauer
1959 did not run for president
Withdrawal damaged image and reputation reinforced further by Berlin Wall - 1961
1962 attempted censorship of newspaper
Provoked an outcry due to dictatorship nature