German Economic And Business History In The 19th And 20th Centuries

German economic history in the industrial age has classically formed an important basis for the study of economic growth and industrialisation more generally. This book aims to introduce English-language readers to modern German economic history based on a selection of work by one of Germany's leading economic and business historians, Werner Plumpe, who places particular emphasis on the institutional structure of the economy. Plumpe's work demonstrates that the country's economic evolution can only be understood by paying close attention to institutional peculiarities, such as the shape of industrial relations and the dynamics of corporate decision-making. It also emphasises the importance of the interconnectedness of capital and labour in the German coordinated market economy and draws attention to individual events and decisions that may have driven long-term economic development, but are rarely considered in approaches that deal primarily with macroeconomic growth. German Economic and Business History in the 19th and 20th Century shows that Germany's economic history still warrants the application of an institutional view of economic transformation that is slightly different from the more formal perspectives dominant in the UK and the US. The book serves as a practical demonstration of a historicist approach to economic history introduced by the German Historical School a century ago, which still inspires large parts of German economic historiography./div

This book addresses a series of economic issues crucial to the the development of modern Germany throughout the 19th and 20th centuries.

Contents: Practical Corner: The Evolution of the Exchange Rate from "Sacrosanct" Parity to Flexible Monetary Policy Instrument.- Historical Studies: The Society for Business History: A Decade of Work. The Bankers Simon and Abraham Oppenheim 1812-1880. The Private Background to Their Professional Activity, their Role in Politics and Ennoblement. Russian Business in the Brüning Era.- Reviews of Literature: A Review of the New Literature on Business History.- A Review of the New Literature on Banking History. Reports on Conferences. The German Yearbook on Business History is a source of insights into the entrepreneurial economy of the 19th and 20th centuries. It contains translations of topical journal articles and informative reviews of results and trends in business history research. As in the previous Yearbooks, the authors of this volume are experts in economic theory and practice whose contributions cover a wide spectrum.

The twentieth century has seen Germany transformed from imperial monarchy, through Weimar democracy, National Socialist dictatorship, to finally divide into parliamentary democracy in the West and socialist Volksdemocratie in the East. Pivoting on two World Wars, intense political change has dramatically affected Germany's economic structure and development. This book traces the logic and the peculiarities of German economic development through the Weimar Republic, Third Reich and Federal Republic. Providing a comprehensive analysis of the period, the book also assesses controversial issues, such as the origins of the Great Depression, the primacy of politics or economics in the decision to invade Poland and the future risks to the Weltmeister economy of the Federal Republic oppressed by unemployment, the huge debts of some of its trading partners, and the possibility of worldwide protectionism.

In the 19th Century, economic growth was accompanied by large-scale structural change, known as industrialization, which fundamentally affected western societies. Even though industrialization is on the wane in some advanced economies and we are experiencing substantial structural changes again, the causes and consequences of these changes are inextricably linked with earlier industrialization.This means that understanding 19th Century industrialization helps us understand problems of contemporary economic growth. There is no recent study on economic developments in 19th Century Germany. So this concise volume, written specifically with students of German and economic history in mind, will prove to be most valuable, not least because of its wealth of statistical data. Toni Pierenkemper is Professor of Economic and Social History at the University of Cologne. Richard Tilly is Emeritus Professor of Economic and Social History at the University of Münster.

The German Yearbook on Business History is a source of insights into the entrepreneurial economy of the 19th and 20th centuries. It contains translations of topical journal articles and informative reviews of results and trends in business history research. As in the previous Yearbooks, the authors of this volume are experts in economic theory and practice whose contributions cover a wide spectrum.

The German Yearbook on Business History is a source of insights into the entrepreneurial economy of the 19th and 20th centuries. It contains translations of topical journal articles and informative reviews of results and trends in business history research. As in the previous Yearbooks, the authors of this volume are experts in economic theory and practice whose contributions cover a wide spectrum.

Over the past decade, the "German Model" of industrial organization has been the subject of vigorous debate among social scientists and historians, especially in comparison to the American one. Is a "Rhenish capitalism" still viable at the beginning of the 21st century and does it offer a road to the New Economy different from the one, in which the standards are set by the U.S.? The author, one of Germany's leading economic historians, analyzes the special features of the German path to the New Economy as it faces the American challenge. He paints a fascinating picture of Germany Inc. and looks at the durability of some of its structures and the mentalities that undergird it. He sees a "culture clash" and argues against an underestimation of the dynamics of the German industrial system. A provocative book for all interested in comparative economics and those who have been inclined to dismiss the German Model as outmoded and weak.