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Wirtschaftswunder
(redirected from German economic miracle)

    Also found in: Wikipedia 0.01 sec.
Wirtschaftswunder
The rapid development in West Germany and Austria following the devastation of World War II. The Wirtschaftswunder saw low inflation and quick growth in industrial production starting around 1950. The impetus for the Wirtschaftswunder came from replacement of the Reichsmark with the deutschemark (in West Germany) and the schilling (in Austria), as well as the development package offered by the United States in the Marshall Plan.
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Yet, within 50 years, the German economic miracle was well under way and the country is in far better condition to face the credit crunch.
Letter: Follow Germany by Daily Post (Liverpool, England)
The orders gave the firm priority in the queue for scarce materials, kick-started the German economic miracle and began a worldwide love affair by many thousands of drivers with the Beetle.
A VW that turned German heads .. by Huddersfield Daily Examiner (Huddersfield, England)
It is as though the British could forgive the Krauts the Blitz but not the more recent German economic miracle.
Tony Parsons column: REICH OUT OF ORDER by The Mirror (London, England)
 
 
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