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Ein Blick zuruck: Staatspleiten sind nicht so selten

18 June 2015

A look back: national bankruptcies are not so rare
The economic historian Albrecht Ritschl called Germany the most wayward of the 20th century: ''The Federal Republic owes your today's financial stability and its status as a senior teacher of Europe alone the United States, who have renounced a lot of money in both after the first and after the second world war'', he said.

This article was published online by Stern on June 18, 2015
Link to article here

Related publications
'Reparations, Deficits, and Debt Default: the Great Depression in Germany', Albrecht Ritschl, Centre for Economic Performance Discussion Paper No.1149, June 2012

Related links
Albrecht Ritschl webpage
Macro Programme webpage

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